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INTERNATIONAL 




ributt 


PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST 


Paris, Wednesday, December 8, 1993 


eEnds 


Power in South Africa 


Salvage Bitter 
Black Youths ? . 

. By Bffl Keller ... 

. New York Times Sendee 

GUGULETU, S ftnth Afrir» — “J raw 
leave you here and go away and comeback 
just now,** Victor Mdekazt told a white 
guest in this blade, township. “When I 
comeback I win find you soo-o-o much in 

He sat in a parked car around the comer 
from the gas station where Amy Biehl an 
American Fnlbxjght scholar. was 
to deatirin Almost by a taunting mob of 
young men for being a whUeiame wrong 
place. 

Mr. Mdekazi, 18, and an organizer far v 

blade natinmaKst is tnAaif nr gin ^afi n ii- in- 
tended no thr eat, merely base instruction 
in an unpredictable factor of South Afri- 
can politics: the temper of tfaccoun try’s 
mar ginalized yo nng Hafa ... • 

They are, to judge from a day among' 
them hers, spirits calloused by apartheid - 
and resistance. They -scorn ideate made in. 
their name at negotiating tables. They an- 
ticipate fite nation’s mst freedectioos 
other with bottomless cymptsm,: or wfth 
fantastic expectations. Even their leaders 
wonder if they can be led; ■ /. • - • 

“We*ve got to be reaSstie and honest 
here,” said Tsicts chsinBazz at 

the Pan- Africanist ^tirftfp^ Orgnnfyjmn nj 
which comes closest tospeakiog for the 
hardened bare- of tbe fflpemtiop: “That 
hatred, yce growup, h devdops within. 
you. It neer& nmdi poh'tical ermcation to * 
giveit direction*’ - v ■■:• 

- Sinceibck3fiBg<rf the American wom- 
an, Guguletu, anotiyjwi$e unexceptional 
HadcsettldBarf- ftarn&riagin-Sie’ocean' 
of destitution thatlaps at -the edge of . 
idyllic ^spe Town, has .accepted its new 
notorii^withDTrti^c^- 'v ‘ •-"* 

Tqf toed Sev er * 


wnr y ii yii i wiPTI i—w i f P -1 w WM i Hi f 

freed after a wiines? said he wps too terri-; 
fied to testify 

ty to dfflTnnsnatfr iqqakm rf^tatean- 
ibority. - •; *•;..*• • 

- Tbeyjooraeyto&e trim m downtown 
Cape Town; war^andng outside the 
hedge of razor wire that wpoSce havi 
pci up for security, chanting nOoe setdra, 
one buRetf” hissing “Seated’* at white, 
journalists who pass .by, laughing as . the 

_7 : SeeBLAC^I^? ; . ; . 


. By Paul Tayior 

Washington Pea Service 

CAPETOWN — The era of exclusive white 
minority rule In South Africa came to a dose 
. here Tuesday with the installation of the Tran- ' 
sitional Executive Council, a multiparty, mutir- 
adal- body that will oversee preparations for 
thiscoontiy’s Erst mrivereal suffrage election. 

The adveritof the council marks the first time 
that black South Africans have an official influ- = 
cnce over government dedson-makmg. 

Its inaugural session triggered a protest near 
Pretoria, where 30 aimed pro-apartheid white 
rightists occupied a former Boer War fort that 
is now a museum. 

The mandate of the carnal , an interim body, 

- is to “level ibe piffling field” in advance of the 
April 27 election. It will have a combination of 
a dmin i s trative, watchdog and veto powers over 
election law, internal security measures and 
foreign affairs. 

Its first meeting was held in an, ornate con- 
verted theater near parliament that once 
housed the president's council, a governmental 
: body created a decade ago to rig the legislative 
deck in fervor of while rale. 

“It’s a poetic inmy that we can be sitting here 
in a chamber built to prop up apartheid as we 
begin the task of destroying the jxllars of apart- 
' beau,* skid Joe SI ova charrman of the South 
African Communist Party, one of 19 groups 
t with a seat <m coundL Ail hut three of the 
1 groups arc predominantly black. 

Absent from the council were any members 
: of die Freedom Alliance, a group of white 
conservative and black homeland leaders who 
oppose the negotiated transition to majority 
rote and prefer some form of confederation to a 
■ unitary state.' 

Last-minute negotiations between the gov- 
ernment and the alliance failed to produce a 
breakthrough. Government negotiators said 
they still expected the black homeland parties 
to partiemate in the election, hut were unsure 
whether the Conservative Parly and the Afrika- 
ner VoDufranf, which are holding out Jar an 
ethnic state for whites, would campaign as wdL 

Although the coundl is the' product ofTong 
negotiations, its leaders. cast its functions is. 

' ^^^techief negotiator for the African National 
Congress, Cym Ramaphosa, warned that the 
. .cqamcal iuust not be merely an advisory body 
.' restricted, to using “toy tetephones” — an 
imarftdd era term used to describe the fllusion 
^ rf input whi^i . whites gave blacks. “We must 
resist &e attenmt to reduce the T EC to a 
: (^ooflil^body,” he said. 

- ft»A?nk W. ^IQ«fc, spealong 
.•before fie kR for 'Norway ^where be and the 

ANGroteride&C^idsan Mandela; mil receive 
. , theHobd PeaceProir later in tlwweek, said die 
canoed was “not a new govtramenC’ 

• Their differences^ Appeared to be inpstW a 
^matter of partisan sqnantics, however. A close 
wodring idatioDStup has developed in recent 
months betweem the government and the ANC, 

■ and' they . have coBaboratcd on virtually all 

' ^^i^fot'^firial^act, the couneflagreed to. 

SeeSfflFT,P*ge7 



Miuhun Hjuno/Rancn 

:importincrke. 


Japanese rice fanners s&ting in fnmt of the Ministry of Agricrilttrc in Tokyo durii^ a demonstration on Tuesday against importu^ 

Breaking Taboo, Japan to Import Rice 


By David JE. Sanger 

New "York Tima Service 

TOKYO — After decades of saying that rice 
and rice farmers hold a sacred place in Japanese 
society that must be protected from farrign. 
incursions, the government c# Prime Minister 
Morihiro Hosokawa said Tuesday that it would 
reluctantly open the nation’s rice market to 
imports, removing a major stumbling block to 
die conclusion of world trade talks by the 
middle of next week. 

Mr. Hosokawa is expected to make the his- 
toric announcement, whose symbolism and po- 
litical importance in Japan outweighs its eco- 
nomic impact, in a speech to country on Friday, 
members of Ids cabinet said Tuesday. 

But the 55-year old prime minister, who has 
carefully stage-managed the opening of the 


market for weeks, left little doubt about his 
intentions when he told parliament that main- 
taining the blanket ban on imported rice threat- 
ened the system that is the lifeblood of Japa- 
nese indastiy. 

Even before" Mr. Hosokawa’s declaration, 
however, a rebeffioo erupted within his fragile 
coalition government that could threaten many 
of the economic and anti-corruption reforms at 
the center of Japan's stew-burning political 
revolution. 

The Social Democratic Party, the biggest 
component of the eight-party coalition govern- 
ment and the most steadfast defender of farm- 
era, threatened to leave the government, an 
event that would tikdy trigger its collapse. 

The opposition Liberal Democrats, who were 
-unseated m July after ruling for 38 years, were 


maneuvering to use the rice issue to derail Mr. 
Hosokawa’s political reform efforts and bring 
an end to the 70 percent approval rating he has 
enjoyed for months. 

Mr. Hosokawa s political Lieutenants seemed 
relatively sure the Socialists' threat to walk out 
was a bluff, staged for the benefit of its farmer 
constituents. 

But they were clearly concerned that whatev- 
er magic seemed to surround the first 100 days 
of his premiership was quickly wearing off. 

In the past week. Mr. Hosokawa has issued 
contradictory statements on bow and when he 
would announce an economic stimulus package 
to rescue an economy mired in recession, all but 
abandoned his commitment to pass the politi- 

See RICE, Page 7 


High-Flying Mechanics Giving Hubble an Exotic New Set of Eyes 

Bv Katlxv Sawyer day, replacing solar-power panels, ’gyroscopes era. it represents about 50 percent of the orbital drama was to be installation of the designed to provide the greatest leap f 

.oy _ .7 -if nononriral eonromenL Then on lelrsmtv’s scientific camritv. The new S23.9 other half of the new optical egiripmeni: a 700- tronomera since the in veution of the teles 


HOUSTON —The crew of the space «hm- , 
tie Endeavour wis : hoping for a grand dam; 
Tuesday night as it prepared- for its foorth 
spacewafcaFthe U-day repair mission r- tins 
tone to install the second and final set of 
corrective optics required to inmrove.thc hhn^ 
iy vision of the Hubble Space Telescope. 

The KgMlyjtilS ineciifflJKS, opera%B in al- 
ternating pairs with -remarkable efficteiiqr, 
have worked on the teteseppe since late Satur- 


day, replacing solar-power panels, gyroscopes 
ana other nanoptical equipment Then on 
Tuesday morning — to tae aetighf of axaioas 
astronomers — they installed an improved 

AlookatNASA’sgoablwfeHrfdjierepah 
interim and Ae states of etch. Page 3. 

/replacement for the telescope's workhorse 
-camera. 

Known as the Wide Fidd/ Planetary Cam- 


era, it represents about 50 percent of the 
telescope’s scientific capacity. The new $23.9 
mflK on unit contains an optical system spe- 
cially deagned to reverse the effects of an 
error in the shape of the telescope's main 
Tnhmr Astronauts did the extremely delicate 
apparatus into place well ahead of schedule. 

“Every day is becoming more of a “Can you 
top this?”* said a backup astronaut, Gregory 
Harbaugh, at the Johnson Space Center’s mis- 
sion control. . - 

The scheduled centerpiece of Wednesday’s 


orbital drama was to be installation of the 
other half of the new optical equipment: a 700- 
pound (300-kflomam) box the size ctf a phone 
booth. Called COSTAR, it contains a system 
of small ante designed to unfold and extend 
correctively ground mirrors the size of coins in 
front of the telescope’s remaining instruments. 

The two optical packages together, if they 
pass a routine six- or eight-week checkout, 
should restore at least 90 percent of the tele- 
scope's promised capability, scientists said. 

The Hubble, launched m April 1990, was 


designed to provide the greatest leap for as- 
tronomers since the invention of the telescope, 
brin gin g into sharp focus for the first time 
objects as distant as the outer edges of the 
universe. The flaw, discovered shortly after the 
Hubble was placed in orbil 365 miles (590 
kilometers) above the Earth, has limited its 
studies mainly to extremely nearby or bright 
objects. 

The spacewalking team of Kathryn C. 

See SPACE, Page 7 


|? 1 1 Houphouet-Boigny Dies 


By Keameth Noble 

New York Uma'Servke 


” and he askedfor the cooperation of 




OF^ 




Coast, Africa's longcst-scivmg neaa or rare 

and one of the lastrf a genentem^ of Jcadewto . 
take his people from cotemafism to indepen- 
dence, diSrasday at Yamoassoukro, Ivwy 

Htnmhou*t-Boigny. who had been ill for 

th ri‘STi a g ™ngn -B6dife. president of the Na- 

SSfSEIsIl 


The sen of a wealthy diifif who owned large 
cocoa *nrt coffee plantations, Mr. Houpfaou&t- 


eO' day ' 


:^ite5SSSS32? 

ESSSwteVt 

‘ f ’ - 

— Newsstand Price* 

ssgggS 3$ 

Corner0on ^ ™ R6unton.. v llJ0FF 
egyPf...-E-P^2c SmidfArrfite^-®^ 

France — -JJ® 5en f oaL “5m°pTAS 
Gabon — Spain — -*®SS 2. 

Gree ^"^C?A Tur^y .".T-L-^ 000 

. |vorv.Coast«5»<-FA TurKBy- DJrh 


nial edocatiost system to .became a prosperous 
rural doctor aria successful planter. 

' -Since V r nn i h ig president of Ivory Coast in 
J960, Mr. flouphouBt-Bo^iy presided over a 
tenf did increase in pier capita i nc ome, to about 
_ $900 today, in what had been one of Fiance’s 
more backward African catontes. 

A ly rtraldflflMgfl in I^^ C wsfs prosperity 

arid deydop agriculwril resowc« firatpe^ro 
cn conrt E^d foreign investment with few leano- 
tions on the txansfer of profits and capital 

The first 20 .years or so after i ndependen c e 
’bore out his strategy. Ivaiy Coast became the 
tbhdieadmgcidfee producer heiund Brazil and 
rriinmH in, and by the eadv 1980s it became the 
world’s Tiding cocoa producer. The country 
was often citeS as a -showcase for successful 
capitalist development in" au'African setting. 

a combmatron of potitkal acumen, 
doquence a&d a cahn and authoritative man* 
ner, he vw able to avoid most of the bloody 
confrontation and- political turmoil that 
ntagued postindepenaeoce Africa. Even his 
harshest critics, who tailed him a tod of neo- 
cdreriaKsm, concede that be mxdted a strong 
sensed nationhood amtmg ihecou&tzy’s near- 
ly 60 distmtt ahategrtwps. . 

He torbed to poKtks in die nrid-1940s. In 
1944-J»-was aoofoooder, witiLoffier fisgnffi- 
tied African ]danUas, of theAfricaaAgricultur- 
al ^yriScate, a group organned to protect its 
members’ intereas against inroads by French 
settlers. Within a year, aftq- convening the 
organizaiion into fitt Democratic- fety of the 

SccHOUFROUET-BOIGNY, Page 8 



^ a 






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mmm 







Sam Karian/Rculen 


CAUGHT UP A TREE —London pofice removing 8 protester on Tuesday from a 250-year-oJd cbestanttreethatisduetobecot 
down to make room f or a new highway. The police officers bnw^tt in a hy ® “«* ptad^ *e proteste off 


Dow Jones 


Trib Index: 


il qs=b : ^ s si 
V D‘ v ’ s s 


No. 34.455 

U.S. and EC 
Vow a Final 
Push to Settle 
Trade Pact 

2 Sides Remain at Odds 
On Films and Aircraft, 
Kantor ^Disappointed' 

By Tom Buerkle 

International HiraM Trthurw 

BRUSSELS — The United States and the 
European Community agreed on Tuesday to 
make a last-ditch push for a global trade agree- 
ment by next week's deadline despite failing to 
resolve ibeir differences over film royalties and 
aircraft subsidies. 

The U.S. trade representative. Mickey Kan- 
tor, said he was “disappointed but not discour- 
aged whatsoever*' after a marathon 22-hour 
negotiating session with the EC trade commis- 
sioner, Sir Leon Briitan. ended Tuesday morn- 
ing without a complete settlement of ill U.S.- 
EC trade disputes. 

Mr. Kantor indicated that he would bargain 
hard for European concessions on films and 
aircraft right down to next Wednesday’s dead- 
line for reaching a global trade settlement. 

“No Uruguay Round will be finished unless 
these issues are resolved,” he said, referring to 
the seven-year-old round of global trade talks. 

But both he and Sir Leon claimed major 
progress on most other issues, including big 
tariff reductions on industrial goods and a draft 
farm accord that even France welcomed. And 
the two men went directly to Geneva to sell the 
results of their talks to tbe other 103 member 
nations of the General Agreement on Tariffs 
and Trade. 

“We have made so much progress, there is so 
much at slake that it simply can't be possible to 
believe that a deal of this magnitude is not 
gping to be reached, ” Sir Leon said. 

In Geneva, Mr. Kantor said the eight days 
remaining were enough to complete the GATT 
negotiations, and he expressed optimism of 
resolving the disputes with Europe over films 
and aircraft. 

“We are dose enough on both subjects that 
with goodwill on both sides we could reach a 
solution.*' he said. 

The talks in Geneva have been stalled for 
months as other nations waited for the United 
States and Europe to resolve their numerous 
trade disputes and come up with a bilateral 
settlement that could serve as the basis for a 
global deal. 

The GATT director-general Peter Suther- 
land, expressed “confidence” about the pros- 
pect for reaching a global deal after hearing 
from Mr. Kantor the results of his negotiations 
in Brussels. 

“1 still believe the coarse of concluding the 
round is on track,” Mr. Sutherland said. 

But Japan cautioned that U.S.-EC progress 
was not enough and wanted that a stiff Ameri- 
can position on anti-dumping rules and finan- 
cial services, the fatter of which is aimed at 
wringing concessions from Tokyo, could cause 
the global talks to break down. 

“If the U.S. persists in everything it has put 
on the table, yes, it can be a deal-breaker,” said 
Koro Bessho, a Japanese Foreign Ministry offi- 
cial after a meeting of top GATT negotiators 
on Tuesday evening in Geneva. 

In contrast to the caution from Japan, the 

See GATT, Page 17 

A Kay of Hope 
In Germany 
For Economy 

By Brandon Mitchener 

International Herald Tribune 

FRANKFURT — Strong gains in private 
consumption, exports and capital investment 
lifted German economic growth for the second 
quarter in a row, the government reported 
Tuesday, throwing out a glimmer of hope that 
the economy has begun to recover from its 
worst recession since World War □. 

“There is a good chance the recovery will 
continue, despite the familiar problems,” Eco- 
nomics Minister Gttnter Rexrodt said. 

His cautious optimism, shared by other ob- 
servers, came after the Federal Statistics Office 
reported that Germany's gross domestic prod- 
uct bad grown 0.5 percent in the third quarter, 
the same increase as in tbe second three 
months. 

By the govern mem’s definition, two succes- 
sive quarters of economic growth mark the end 
of recession. 

Many independent analysts, however, prefer 
a more restrictive measure that has not yet been 
f ulfill ed: two successive quarters of growth in 
utilization of industrial capacity. 

Herbert Hax, chairman of tbe official Coun- 
cil of Economic Advisers, who works with the 
latter definition, said last week that he expected 
the German economy to stagnate through 1 994 
and not begin to recover until 1995. 

Economists were pleased to see in Tuesday's 
data an increase in both equipment and con- 
struction investment in the private sector. But 
government and private-sector experts agreed 
that the speed of (he recovery, ana its delayed 
effect on the unemployment crisis, would lave 
much to be desired. 

New job creation will not begin before the 
recovery picks up considerable speed and man- 
ufacturing production picks up, Mr. Rexrodt 
admitted. The Federal Labor Office on Frida 


r hi* ■ f-i'iH 1 1 j ■ [l 1 ■ l irJ 


ALGIERS (AFP) — A retired Frenchman 
was shoi io death Tuesday at Larbaa, a vil- 
lage south of the Algerian capital security 
forces announced. 

Ten foreigners have been killed since Sept 


21: three Frenchmen, three Russians, three 
T-p rin Americans and a Spaniard. 

tel amir f imdgtnm taHsts fighting the gov- 
ernment said all foreigners had to leave the 
com try by Doc. 2. 



lion people in Western Germany and 1.15 mil- 
lion m Eastern Germany. 

Industrial production, meanwhile, appears to 
lave slowed its fan, but is still not growing 

nmllnnl ii ■ . . . 



r~e — . — , mom voiumeicr oi 

inflation, M3 money supply, expanded at a 6.9 
percent ammafeed rale m October, up from 6i 

Sec GERMANY, Page 17 


T 

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lav. 

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<9 

1 









Revolution of Sorts Beckonsfor Italy’s Ex- Communists world b riefs 


By Alan Cowell 

A'mt Ytr\ Tima Service 

ROME — Their name has changed, iheir ideology 
has died and no one is talking class struggle anymore. 
Yet. after almost five decades in the anterooms of 
power, Italy's onetime Communists seem finally to 
reckon their moment has come — too late to storm the 
barricades but, maybe, just in lime to reap the ironic 
harvest of a different revolution. 

Through the years of the Cold War, Italy's Commu- 
nists — the most powerful in Western Europe — were 
kept out of office by an alliance of centrist parties 
whose cover was the crusade against Moscow and 
whose reward was access to vast and illicit patronage 
from the state coffers. 

Now, those same centrist parties — the Christian 
Democrats, the Socialists and their allies — are in 
disgrace because they overdosed on the pork barrel. 
And the former Communists, denied any obvious 
chance to be as dishonest, have turned their enforced 
political cleanliness into a vote winner. 

In mayoral elections last weekend, the former Com- 


munists and their aiiics swept the five biggest canes at 
issue and won in many other municipalities, defeating 
both neofascists and the federalist Northern League. 

Moreover, the Christian Democrats and their allies, 
virtually obliterated by the corruption scandal, were 
barely to be seen. Many analysts took the vote as a 
harbinger of things to come in national elections 
expected m the spring. 

It was. perhaps, another twist of fate that the victory 
came when, and partly because. Lhe broader ideologi- 
cal war had already been lost on the battlegrounds of 
the Cold War. 

“The ideology has all disappeared." said Pietro 
Folena. a former Communist legislator in Sicily. 

That much was evident when the former Commu- 
nist leader Achille Occhetto announced Monday night 
that his priorities in government would be to continue 
economic austerity, pursue plans to sell off state 
industries to private buyers and thus cut back the 
massive public debt, policies ibai did not smack of 
spendthrift socialism. 

‘•Froni the political point of view, very little remains 


from the old days,” said Salvatore Veca, a professor of 
political philosophy at the University of Florence. 
"There’s a complete acceptance of the role of the 
market-” 

In 1991. after the fall of the Berlin Wall, the Com- 
munist Party of Italy changed its name to the Demo- 
cratic Party "of the Left and shed its radical wing, now 
called Communist Refounding. 

For the former Communists this means that there is 
no turning back to lhe class struggles of lhe past 

“This is a party of order and efficiency, not radical 
transformation," said Professor Gianni Vattimoof the 
University of Turin. 

The view is not universal 

“I. like many others, am afraid of the left,” said 
Alessandra Mussolini, the granddaughter of the dicta- 
tor Benito Mussolini, who lost to a former Communist 
candidate last weekend in the race Tor the mayorship 
of Naples. 

"The left instills fear in those who care about the 
economy and the future of Europe. With co mm u n ism, 
there is no Europe, no future." she said. As evidence of 


such fears, rightist politicians point to the strong 
showing of her neofasdsi party in Rome and Naples 
and the stranglehold of the Northern Lea gne cm parts 
of northern Italy. 

Moreover, while the former Communists emerged 
as victors, they did not win alone, securing their 
do minan ce only by forging alliances with other par- 
ties, notably Greens and in some case hard-line cx- 
Communists and even, in Trieste, Christian 
Democrats. 

It is partly to keep the “progressive affiance intact 
until national elections that the former Communists - 
are laying so much stress on their repackaging as 
responsible candidates for govemment- 

When, during the two-stage mayoral vote; financial 
markets took a dive on news of former Communist 
successes, Mr. Occhetto went out of his way to calm 
them. And, when the extent of the former Communist 
victory emerged this week, the markets responded in 
kind: The lira firmed, stocks rose, in pan because the 
leftist alliance seemed to offer a greater chance for 
stability than the neofasdsi alternative: 


Cold Is Be ginning to Bite in the Ex-Soviet Union 


By Margaret Shapiro 

Washington Post Service 

MOSCOW — In Ukraine, the 
government shut down daytime 
television broadcasts last week, ex- 
tinguished "eternal" flames at a 
large regional war memorial and 
announced that it might close all 
schools until summer because it 
cannot afford to heat them. 

In Georgia, people have been 
standing in line all night to buy 
bread at one of the few bakery 
shops still functioning, while the 
military has been seat to guard 
bakeries from riots. 

In Belarus, the government re- 
cently put many factories on an 
every-oiher-day work schedule. 

And in Russia, one of the world’s 
largest energy producers, cities 
from Kaliningrad to Khabarovsk 
are shivering because they have not 
received promised oil supplies dur- 
ing one of the coldest autumns in 
recent memory. 

After two years of dire but often 
unfulfilled warnings, the crisis 
spawned by the breakup of the So- 
viet Union and the collapse of its 
centralized economy is finally hit- 
ting bard many parts of the Com- 
monwealth of Independent States. 
Offices are cold, factories arc bare- 
ly operating, apartment heat is sup- 
plied Fitfully and hot water, in 
many cases, does not exist. 

Life in Moscow and in many- 
large Russian cities remains dose 
to normal, although threatened 
strikes by workers in the energy 
sector have left many people, and 
their leaders, extremely nervous. 
But the eudying republics are suf- 
fering an oil" shock more traumatic 
than the one the West endured 20 
years ago. when the Organization 
of Petroleum Exporting Countries 
began to flex its muscles. 

Russian Miners 
Defy Union Deal 

■ f 

Reuter. 

MOSCOW — Miners in Russia's 
northern Vorkuta coal field struck 
for a second day on Tuesday, defy- 
ing a deal signed by their represen- 
tatives and the government in Mos- 
cow the night before. Miners in two 
other major coal fields bowed to 
the union's decision to call off the 
strike. 

An official of the Vorkuta strike 
committee said that by Tuesday- 
evening 12 out or 13 pits were on 
strike, demanding that the govern- 
ment should pay (be huge sums 
that industries across Russia owe 
the mines. 


»>i *V; 



V s , v 

vwia) Vdcagsm/Atcwc Fnm^ftac 

ON THE BEACH IN SOCHI — A homeless old woman with her belongings on a beach in Sods, Russia, after fleeing Abkhazia. 


Under prodding from Western 
lending agencies and its own eco- 
nomic'needs. Russia has raised the 
price it charges Tor oil and gas to 
near world levels, depriving the 
other former Soviet republics of the 
cheap, subsidized fuel on which 
their economics have been based 
for decades. It has also slowed or 
stopped deliveries to countries, like 
Ukraine, that have failed to pay 
their bilk 

Deputy Prime Minister Alexan- 
der N. Shokhin recently estimated 
dial Commonwealth countries had 
rotlectively run up a debt of several 
oillion dollars that Russia is now- 
trying to recoup. 

"The republics are faced with an 
enormous price shock that they are 
having difficulty adjusting to.” said 
a Western economist based in Mos- 
cow. "Russia is essentially deciding 
it is no longer going to be the 
world's biggest aid giver” and is 
starting to cm off those who do not 
pay their bills. In some cases, the 
oil subsidy savings totaled 20 per- 
cent of a republic’s total economic 
output, according to Western esti- 
mates. 

Russia drove the final nail into 
the Soviet economic coffin last 
summer when it dumped the old 
Soviet ruble in favor of a new Rus- 


sian one. forcing nearly all the re- 
publics to counter with their own 
currencies. When tenges, drams, 
leus. som-coupons and others were 
unveiled over the fast few monchs. 
the republics were cut ofr from 
cheap ruble credits as well as from 
the cheap ruble-priced oil that is 
still available to Russian consum- 
ers. 

The oil shock is compounded by 
the failure of most republics' gov- 
ernments to adjust to new econom- 
ic realities. Some, like Georgia. .Ar- 
menia and Tajikistan, are 
foundering because of war and gen- 
eral lawlessness. .Armenia, under a 
fuel blockade for the last few years 
from neighbor and enemy Azerbai- 
jan. is entering its third frigid, dark 
winter with a five-eallon can of 
gasoline costing about S25. more 
than 20 times the minimum month- 
ly salary. In Georgia, people are 
forced to light apartments with 
candles because the government 
cannot makegood on its promise to 


provide everyone with six hours of 
electricity. 

Many other republics, from 
Ukraine and Belarus to Uzbeki- 
stan. have Tailed to adopt long-term 
programs to deal with new market 
realities and are instead getting run 
over by them. Western economists 
in Moscow said. 

The energy shock was made even 
tougher by the unusually cold fall 
and early winter in much of the 
Former Soviet Union, with snow 
and sub-freezing temperatures a 
month or more ahead of schedule. 
In Russia, it was the coldest No- 
vember in 50 years, according to 
the slate weather agency. The pre- 
vious two years have been unusual- 
ly warm, which has softened the 
effect in the past of fuel supply 
problems. 

As a result of the cold, demand 
for heating oil and gas has shot up 
at a time when Russian production 
of both continues to fall because of 
old equipment and lack of new in- 


vestment Russia’s energy minister 
said this week that Russian refiner- 
ies and power plants had been 
burning fuel at double the usual 
rate and that as a result oil and gas 
exports, already dropping, would 
have to be cut substantially. 

Already the effects are being felL 
In Kaliningrad, the Russian ex- 
clave on the Baltic coast a local 
power station working overtime to 
keep the city warm ran out of fuel 
recently, leaving thousands shiver- 
ing at home. 

Officials in one Siberian town 
gave up waiting for new supplies 
and doled out wood-burning stoves 
and a supply of logs to local citi- 
zens. In Bryansk, a dry southwest 
of Moscow, day-care centers, ele- 
mentary schools and apartments 
have been without beat for weeks. 

“Arctic cold reigns supreme.” 
the Russian weekly Moscow News 
wrote in a recent report on the 
region. 


Arrest Hits 
Party in 
North Italy 

Compiled by Our Staff From Dispatches 

MILAN — The treasurer of the 
federalist Northern League party, 
which has staged to prominence as 
a result of anger at kickback scan- 
dals, was arreted on Tuesday on 
suspicion of corruption. Italian 
news agencies said. 

The treasurer, Alessandro Pa- 
telli, was arrested on the orders of 
\ filAn magistrates who suspect him 
of breaking the law on the financ- 
ing of political parties, the ANSA 
and AGI agencies said. 

Breaking the law on party fi- 
nancing has been the main charge 
against fallen former leaders of toe 
nation’s traditional political par- 
ties. 

No further details were immedi- 
ately available. 

Since the kickback scandals 
erupted 21 months ago, the North- 
ern League has become arguably 
the most powerful political party in 
Italy’s rial north. 

Assailing corruption in Rome 
and making demands for a federal- 
ist state, the party won control of 
Milan in local elections held in 
June. 

But it then failed to win any of 
the three major northern cities — 
Genoa. Trieste and Venice — 
where municipal polls were held 
Sunday. 

The scandal also brought the ar- 
rest Tuesday of another leading in- 
dustrialist. Mario Schimbenn. a 
former chairman of Montedison 
SpA, the chemical giant 

Mr. Schimberoi, 70, who led (he 
company from 1980 to 1987, was 
accused of diverting about 500 bil- 
lion lire (S300 million) from Mon- 
tedison into an unspecified type of 
account in Curasao, in (he Nether- 
lands Antilles, news reports said. 

H was not clear what then hap- 
pened to the money. 

Mr. Schimberoi, who headed the 
state railroad system after leaving 
Montedison, was granted house ar- 
rest because of his age. reports said. 

Raul Gardini. who took over 
from Mr. Schimberni at the hdm of 
Montedison, committed suicide in 
July after reports emerged impli- 
cating him in corruption. 

(Reuters, AP) 


Austrians Close In on Letter-Bomb Terrorists 



the architects of time 



CHRONOGRAPH 


FRANCE: ARFAN. PARIS GERMANY: ANDREAS HUBER. MUNCHEN 
tTAUE: PISA. MILANO 

SWITZERLAND: LES AMBASSADEURS. ZURICH. GENEVA 
LIECHTENSTEIN: HUBER. VADUZ 
UNITED KINGDOM: MAPPIN & WEBB. LONDON 
SAUDI ARABIA: AL-GHAZAU. RIYADH 
JAPAN: KANAYAMA. TOKYO 
SINGAPORE: BOUriOUE EBEL. RAFFLES HOTEL 
TAIWAN: BOUTIQUE EBEL REGENT GALLERIA. TAIPEI 
USA: TOURNEAU. NEW YORK 


Reuters 

VIENNA — Austria said Tues- 
day that anti-terrorist police had 
received promising leads on rightist 
extremists suspected of a leuer- 
bornb campaign and were satisfied 
they were looking for Austrian na- 
tionals. 

A security officer. Michael Sika, 
said information from the public 
had poured in after four people 
linked with refugees and foreignere 
were injured in letter-bomb blasts. 


The casualties included the mayor 
of Vienna. Helmut Zilk. 

Bomb squad officers have de- 
fused six other devices since the 
campaign began Friday in the 
worst political terror against Aus- 
trians since World War D. 

“We have had very promising 
information from the public, ana 
we are narrowing down our list of 
suspects,” Mr. Sika said. 

Police searched two houses in 


Vienna, and Interior Minister 
Franz Loeschnak said more search- 
es would follow. “The time is near- 
ly up for these criminals.” he told 
reporters after a cabinet meeting. 

He said it was unlikely that the 
attacks were linked to groups from 
the former Yugoslavia — Austria 
has a border with the former Yugo- 
slav republic of Slovotia. 

Radio and television interrupted 
their broadcasts, trams stood still 


and workers hud aside tools for a 
minute's silence at II A-M- on 
Tuesday, in a demonstration 
against political violence. 

■ Letter Bomb in Germany 

The police defused a letter bomb 
found on the window sill of a small- 
town East German bank, Reuters 
reported from Dresden. 

Authorities on Tuesday ruled 
out any connection to the Austrian 
incidents. 


East German Spy Assails Gorbachev 

PARIS (AFP) - Marinis Wolf, the Gomano^er W who 

was sentenced on Monday to six years m prison for treason, 

Mikhail S. Gorbachev “betrayed” Mr. Wotf and te men. 

In an interview with a French weekly. Mr. -Wdf ' "Wlum I fijd 
Germany, just before unification. I wrote raice to Gorbachev to raseme 
question of the future of my men in East Germany. He said the 
“were among the biggest supporters of reform as engmeerea o> uw 
former Soviet leader. . , , u 

“I never got any answer." Mr. Wolf said. “Hfbetrayedus outnghL He 
said that when Mr. Gmbachev was questional by West German authori- 
ties on what io do with East German, secret service agents, be reponeoiy 
told them, "It’s your business-” 

Honecker to Get Pacemaker Implant 

SANTIAGO I AP) — Doctors attending Erich Honecker said that dx- 
81-year-old former East German leader has a heart problem and that they 
planned to implant a pacemaker later Tuesday. . - 

Dr. Pedro Cubfllos, medical director of the private Chniea Lnumies. 
said the decision to operate on Mr. Honecker W3S made by several 
cardiologists. Mr. Honecker, who suffers £ com terminal liver cancerwas 
admitted late Sunday after he lost consciousness several times. Doctors 
said he has “a syncopal condition'' and that the pacemaker should solve 

^iS^HoMcker'caaKtoOnie'm Janaary after a Berlin court, citing ius 
health, stopped his trial for the deaths of East Germans killed trying to 
escape to the West during his role. 

Greece Scraps Disputed Press Law 

ATHENS (Reuters) — Greece's new Sodalist-conurffied parliament 
scrapped a press law on Tuesday that had caused the fiercest dispute over 
censorship since the country was ran by a ntiHtary junta from 1967 to 
1974. 

The law, passed by the previous conservative government in December 
1990, caDedfaijafl terms and $500,000 fines for any press group that 
published statements made by guerrilla groups. Seven top newspaper 
editors wore jailed briefly In 1991 for defying the taw. which they 
described as unconstitutional ?nd an effort to hmm I c the press. 

This undemocratic taw brought hardship to journalists b ut it h as 

finally been put to resL” a Justice Mmistry official said. Deputies frisn aD 

parties, including the conservative New Democracy Party, voted to repeal 
the law and the official said all charges pending against journalists would 
be dropped Several journalists were awaiting trial under the law. 

Philippine Rebels Free American 

JOLO, Philippines (Reuters) — A kidnapped American translator of 
the Bible was freed on Tuesday from captivity by Muslim guerrillas on 
the southern Philippine island of Jok). . . 

“1 am emotionally tired. I want tothank God for his mercy m bringing 
about my release,” said Charles Walton, 60, after Iris captors handed him ■ 
over to the Libyan ambassador. Rajah Abdutazzz A zzarouq, in Patikul 
town. Mr. Walton was abducted on Nov. 14 from his home an Pangu- 

taran Island near Jolo. He has been in the Pangutaran area for 20 years, 

t ranslatin g literature and the Bible into the local dialect 
The guerrillas described by the militar y as from die fundamentalist 
Abu Sayyaf group, had demanded that Islamic diplomats attend his 
release. Toe gnermtas had demanded the withdrawal of foreign Gurisuan 
missionaries from the southern islands, a ban ion fishing by foreign vessels- 
and restoration of the Muslim barter trade in the area. 

For the Record 

A member of the extremist Japan Red Army was sentenced to life 
im prisonment on Tuesday in Tokyo for maste n m n di nft two hijackings in 
the 1970s. The radical, Osama Maraoka, 43, led a Red Army gang that 
seemed the release of six colleagues from Japanesejafls and S6 million in 

ransom in the 1977 hijacking of a Japan Air Lines flight in Dhaka. He was 

found guilty of masterminding the 1973 hijacking of another JAL 
jumbo jet with four Palestinian gnnriBas. (Reuters) 


TRAVEL UPDATE 

Strikes to Halt Sweden’s Air Traffic 

STOCKHOLM (Reuters) — Almost all Swedish air traffic could be 
paralyzed by a threatened strike and possible lockout on Dec. 13 and 20, 
Swedish employers said Tuesday. 

Transport workers have called for the two strikes as a means erf 
achieving a 3 percent raise: Employers have offered ] percent The 
employers said they would respond with a lockout. 

A strike and lockout “would ground virtually all civilian Swedish 
planes,” said Jonas Beraunger, a negotiator for anployeis. Many foreign 
airlines would also be affected, he added. It would involve about 5,000 
workers. 

A special Concorde ffigte stand the wodd to celebrate the New Year 
has been canceled for lack of reservations, Air France and the travel 
agency marketing the supersonic trip announced Tuesday. It said only 10 
people expressed interest in the 32-hour trip^ which would have cost each 
passenger 149,000 francs ($25,400). (AFP) 

Part of one of the three Nigerian bridges linking the economic capital 
on Lagos island to the mainland has beat dosed to traffic after a crack 
dozens of inches long appeared. The concrete structure, built 18 years 
agp, straddles Five Cowrie Creek, a lagoon between Lagos and Victoria 
island. Authorities feared it would collapse, the Nigerian news agency 
said. (AFP) 

The Charnel Tinmei wiB cany out an evacuation drill of 1,000 people 
from a train in its center at the beginning of the year as part of security 
tests prior toils scheduled spring opening. They will be evacuated from a 
train halted in one of the outer rail tunnels via die central service tunnel 
Also on (be agenda prior to opening for freight traffic in March are tests 
of the ventilation and lire detectors. (AFP) 

Hong Kong aviation officials blamed strong crossvrinds for the accident 
last month in which a Boeing 747-400 erf T ahvan’s China Airlines skidded 
off the runway on landing and plunged into Hong Kong harbor. No one 
was injured in die accident. " (AFP) £ 


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Neo-Nazis’ Hit list Alarms Germans 


Reuters 

BONN — Anti-racism cam- 
paigners in Germany urged the po- 
lice on Tuesday to protect them 
against possible attack after an un- 
derground rightist magazine pub- 
lished a hit list of leftists’ names 
and addresses. 

Alarmed tpr a wave of rightist 
letter bombs in Austria, people tar- 
geted in the list have begun taking 
self-protection measures, they said. 

A senior German official urged 


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the media cot to publish the names 
and conceded that the list had al- 
ready succeeded in intimidating 
some anti-Nazi campaigners. 

Bonn security officials said they 
had no hints that the bombings in 
Austria, thought to be the work of 
extreme rightists opposed to refu- 
gees and immigrants, would spill 
over into Germany. 

“After numerous attacks on for- 
eigners’ flats and asyhim seekers’ 
homes, the neofascists are widen- 
ing their radius of terrorist action,” 
said the Association of Anti-Fas- 
cists, a leftist group that represents 
victims of rightist crimes. 

“The Association of Anti-Fas- 
cists calls on politicians and offi- 
cials to stand up to this neofasdsi 
terror and protea those under 
threat,'' it said in a statement 

Sixteen people and groups in the 
Dortmuno area, named in the list, 
mei Monday to reaffirm support 
for foreigners in Germany and to 
discuss local self-defense measures. 

Dortmund was the scene of vio- 


lent dashes on Friday when leftists 
tried to block rightists from hold- 
ing a rally. 

Groups in two other dries said 
they were taking similar precau- 
tions. 

The list, in a magazine called Der 
Hinblick (Insight), surfaced last 
week and appeared even more 
threatening after 10 letter bombs 
were sent to Austrians who support 
immigrant and refugee causes. 

Herbert Schnoor, interior minis- 
ter in the state of North Rhine- 
Westphalia, said the list's main aim 
was to intimidate leftists. 

“Unfortunately that has hap- 
pened.” be said after hearing a Ger- 
man Radio interview with a man 
who quit anti-fascist woik when his 
name appeared on the list 

*T urgently request the media to 
avoid publishing names at all costs 
and not show these people,” Mr. 
Schnoor told the radio. 

■ Diploma ts Voice Concern 

The dean of Bonn's diplomatic 


corps, in unusually pointed publii 
criticism on Tuesday, said Genna 
n/s friends were worried by right 
ist attacks against foreigners, Th< 
Associated Press reported Iron 
Bonn. 

Archbishop Lajos Kada, tin 
Vatican's envoy to Germany, spoki 
at the a nnu a l h ol id ay-season rccep 
tion for the ambassadors at Chan 
ceDor Helmut Kohl’s residence ii 
the Schaumburg Palace. 

“You'll understand that we ait 
deoily concerned about the safety 
of foreign citizens in your land,' 
said Archbishop Kada, 69, of Hun- 
gary. “We hope and wish that for 
signers who respect your tradition: 
and laws can feel at hone here.” 


Agrnae Frmce-Preae 
LEIPZIG — A World War U 
Soviet military cemetery here has 

been desecrated for the second time 

in recent days, the police said Mon- 
day. 



Impmr.e par Offprint. me Je I'Evangile. 750/S Parts. 












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LNTERJVATtONA J^ffl^ALD TRIBUNE, W EDNESDAY, DECEMBER 8, 1993 

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U -S. Meveals 204 A -Tests and Its Plutonium Stockpile 

By John H. Cushman Jr of * A« m nmnn mlhm aT n*— - — ■■ i 


By John H. Cus hman Jj 

aoTfflff* ^^utes conducted 
thelSTtoSfi ^“ounced nudear weapons tests, 

all ul StdS’rLS?^ °Sf 3000111113 for “* r,f * of 

many imE!??™' W5 “d™» about twice* 

were mS C ° nd H clcd at lhe range in Nevada, 

SiKSL S? t0 esc aped«eciionbY 

of ^ resulted in acd- 
° f ^amounts of radiation into the 

aSS^ffSP^ 1 “TO 01 ' a^ordereddedassi- 

‘^ tlOD pf nutans of documents pertaining to the 

LSlr ,dup *■ ^ P 85 * 50 ySlriod£ 

omW ^ P* 1 Ume 4 UM how “*** Plutonium was 
££S?r ^ some details of how much of the 
toatenal is sull in stockpiles around the country. 

, secret tests did not violate anv laws or interna- 

S «S p0, f tetin8 a & n *® ent s b«au« they were 
conducted under ground. But they are more evidence 


of a damaging culture of secrecy that compromised 
safety and environmental considerations, officials 
said, that the Energy Department is now trying to 
combat. 

Although some researchers who have been pressing 
the government to disclose more information about 
the nuclear weapons program said they were disap- 
pointed at how little new information was disclosed, 
the Energy Department, which manages the produc- 
tion of nuclear weapons, said the disclosures were just 
the first step in an effort to review 32 million docu- 
ments for possible declassification. 

The disclosures could, over time, produce substan- 
tial insights into the nuclear weapons program, of 
value to historians, arms control experts, and environ- 
mental groups and civilians who live near nuclear 
production plants and are concerned over the health 
and safety effects of the program, which has left a 
legacy or contamination that has only recently ban 
fully appreciated. 

Energy Secretary Hazel R. O'Leary, who is to visit 
Russia this month, said she also hoped the depart- 


ment’s increasing openness would lead other nuclear 
powers to unveil their own secrets as the days of global 
nuclear confrontation recede. 

“We were shrouded and clouded in an atmosphere 
of secrecy," she said, at a news conference where the 
new details were disclosed. "And I would take it a step 
further: I would call it repression.'' 

In one indication that the years of secrecy have left 
even the government in the dark about some of its own 
secrets, she said that the figures released about the 
amount of plutonium might be revised later. 

“As we progress in the cleanup, we may be discover- 
ing more plutonium," die said. * 2 Soyoucan look to see 
these figures revised.” 

At seven of its plants, existing stockpiles of the 
bomb materia] amount to 33-5 metric tons, far more 
than is ever likely to find its way into bombs. At 
another plant, the Pan lex plant in Texas, plutonium 
stocks are still to be used for weapons and the stock- 
pile amount was not disclosed 

Paul Hmitz of the International Herald Tribune 
reported from Washington; 


Mrs. O'Leary said that from 1945 to 1988, the 
United Slates used 89 metric tons of plutonium in its 
weapons production program. The Energy Depart- 
ment is now grappling with the problem of bow to 
store tons of plutonium waste that will remain radio- 
active for thousands of years. 1 : . 

The numbers are of tittle consequence outside the 
scientific community, but. they could be used to better 
assess health and environmental threats at .U-S. weap- 
. ons production plants. 

. In addition. Mrs. O'Leary said, publishing the fig- 
ures “puts us honestly out front as a nation willing to 
share and hoping that the other nudear nations wflTdo 
the same." 

As part of its disclosure, the Department of Energy 
said it was declassifying about 80 percent of its docu- 
ments on a decades-long effort to produce cheap 
dectridty by using lasers m the production of nuclear 
fusion energy, an effort so far fruitless. 

The release of data on the U& “laser fusion” effort 
will cheer American scientists who have long worked 
in secret while their counterparts in Japan, Russia and 
Europe freely published on the subject 


Genetic screening: 
Dream? Nightmare? 

Project Stirs Strong Emotions 


By Gina Kolata 

'Vk Yivi. Tima Service 

N EW YORK — In an am bilious 
attempt to eliminate common re- 
cessive diseases from their commu- 
nity. a group of Orthodox Jews in 
New York and Israel are using the 
most advanced molecular technol- 
ogy to screen young people consid- 
ering marriage. It is a project that 
elicits strong emotions from geneti- 
cists and ethicists. Some say u is the 
fruit of a new genetic era. Others 
say it verges on a nightmare. 

The leaders oF the program, 
called Dor Yeshorim. Hebrew Tor 
“the generation or the righteous," 
say that it can serve as a model for 
the nation. It does not rely on pre- 
natal testing because abortions ore 
generally unacceptable to Ortho- 
dox Jews. 

Nor does it advise couples to 
avoid having children if they are at 
risk of passing on inherited disor- 
ders. Large families of os many as 
12 children are greatly desired in 
this community. Instead, the goal is 
to discourage marriage or even dat- 
ing between people who are at risk. 

Every year. Dor Yeshorim repre- 
sentatives go to the private high 
schools where many Orthodox 
families send their children and ex- 
plain to the teenagers that they can 
have a simple blood test to see if 
they cany genes for any of three 
diseases, Tay-Sachs, cystic fibrosis 
and Gaucher’s diseased Those test- 
ed are given a six-digit identifica- 
tion number. 

If a boy and girl want to date, or 
if they have already started dating, 
they are encouraged to call the New 
York Dor Yeshorim Central Office 
with their identification numbers. 

; They are then told either that the 
match is compatible — that they 
are not at risk of having children 
with the diseases in question — or 
that they each carry a recessive 
gene that could result in a child 
with one of the diseases. Those cou- 
ples are invited to come in for ge- 
netic counseling. 

The project is run out of offices 
in Brooklyn and in Jerusalem, 
where directors of Dor Yeshorim 
arrange for the genetic tests at five 
centers in the United Slates and 
one in Israel. The tests cost S25 
each and arc subsidized by funds 
from the Department of Health 
and Human Services and the New 
York State Legislature, as well as 
contributions from private donors. 

Rabbi Josef Eksiein. a Hasid 
who ha> directed the project since 
j!s start in !9S3. said S.000 young 
people were tested last year for the 
r-ecevsive genes. So far." at least 67 
‘ couples who were considering mar- 
riage have decided against it after 
being advised of their risk. 

When Dor Yeshonm began a de- 
cade ago. it tested for just one dis- 
ojic. Tav -Sachs J degenerative 
r.raroogijjl condition that is fatal 
in early childhood. A few months 
ago. the group began testing for 
vjs::c i‘irro>is 

Dor Yeshonnt jiao added a test 
for Gauche:* « di-^Oic. a lipid-stor- 
age diua-c. and expects to begin 
screening for Canavan disease, a 
ncuMdcgenerative disease 
Some see this expansion as prob- 
lematic. "V-. you move further and 
further away from an unbeatable 
disease in which no one survives to 
cystic ;ihro>i> or Gaucher’s disease. 

! find the application much more 
troubling and much less accept- 
able.” said Mark Siegler of the Uni- 
versity of Chicago School of Medi- 
cine. 

"It runs the risk of becoming :hc 
nightmare of the Human Genome 
Project." he added, referring ro the 


federal effort to map every one of 
the 100,000 human genes. 

Francis S. Collins, director of the 
Center for Human Genome Re- 
search at the National Institutes of 
Health in Bethesda, Maryland, said 
parts or the program "sound just 
fine. 

But, Dr. Collins added, when 
there is strong pressure within a 
community for members to have 
genetic tests and to check on the 
genetic profiles of whomever they 
date, all individuals within that 
community may fed that they must 
be tested, whether thev want to or 
noL 

"That takes away the sacred 
principle of autonomy," Dr. Col- 
lins said. And as more and more 
genes are added to the list, some 
people wil] run the risk of being 
genetic wallflowers, rejected by ev- 
ery suitor because of the recessive 
genes they carry. 

Opponents also point out that 
genetic testing is full of complex- 
ities and pitfalls. Not only are there 
laboratory and human errors, but 
there are often enormous uncer- 
tainties about when and how a ge- 
netic disease might manifest itself. 
Many, if not most, diseases have a 
range of outcomes, from essentially 
no effect to devastating illness and, 
sometimes, death. Should you de- 
cide not to marry someone when 
the genetic disease in question 
might be so mild that it would nev- 
er be noticed? 

“We are all going to be faced 
with the responsibility of having 
this information about ourselves 
and how we want to have this han- 
dled in our society," said Frances 
Berkwits. a genetics counselor for 
Dor Yeshorim and the Tay-Sachs 
Prevention Program at Kingsbrook 
Medical Center in Brooklyn. 

Rabbi Eksiein b egan Dor Ye- 
shorim a decade ago when knowl- 
edge about genes was not as sophis- 
ticated as it is today. He and his 
wife saw 4 of their 10 children die 
of Tay-Sachs disease, watch in 
helplessly as baby after baby deveL 
oped normally for four or five 
months before beginning to weak- 
en. have seizures and lose muscle 
control. The child would become 
blind and paralyzed, and after a 
few years would die. 

At first, the rabbi said, he never 
spoke about his Tay-Sachs babies. 
“When something like this hap- 
pens, we try to cover it up.” he said. 
Like many families in his religious 
community, he said, he and his wife 
were afraid that if anyone knew 
they had a sick child, no one would 
want to mam the healthy ones. 

About a year and a half after his 
fourth child died. Rabbi Eksiein 
said he realized that the reason 
God gave him lour children with 
Tay-Sachs disease was so that he 
could help others prevent the dis- 
ease m their families. He began 
Dor Yeshorim. 



ip POLITICAL NOTES* 


After NAFTA, Labor Cute Off the Democrats 

WASHINGTON — In the aftermath of the bitter fight over the 
North American'Ereo Trade Agreement, organized labor has decid- 
ed to cut off financial support to Democratic campaign committees 
for at least three months. 

The derision made by legislative and political directors of the t 
AFL-CIO unions at a meeting last week and confirmed by Rex ' 
Hardesty, the AFL-CIO spokesman. • 

“There is a decision to do nothing for a while;" he said at least; 
until the AFL-GO executive council members have a chance to 
review the situation at their Feb. 21 meeting. Mr. Hardesty said - 
The cutoff applies to the Democratic National Committee and to f ' 
the separate committees supporting Senate. House and gubernato- 
rial .candidates, sources said Labor is normally one of the biggest, if j 
not the .biggest, sources of funds for those groups. In the partial “ 

- reporting for 1993. the Federal Election Commission said unions 
had given 51,059,700 to the three major Democratic committees. 

- Several sources said the meeting at the AFL-GO headquarters 
showed that tempera had not cooled since the White House over- 
came determined union opposition and pushed NAFTA through the * 
House on Nov. 17. The Senate, where opponents mounted less of. an J 
effort, later completed approval of the trade pact. 

. "People were very angry at the couple dozen House members and 
the two. or three senators who broke their pledges to vote against 
NAFTA," one source said. “But they were equally angry with 
President Clinton for the abuse he gave us." 

Particularly vexing, people who attended the meeting said were-. 
Mr. Clinton’s comments on the NBC News program “Meet the 
Press," 10 days before the vote, that organized labor was using 
“roughshod muscle-bound tactics” to line up congressional opposi- 
tion lo NAFTA. Thomas Donahue, AFL-CIO secretary- treasurer. J 
called it “a cheap shot" at the time, and that view was expressed at 
last week's meeting. 

. One union official complained that Mr. Clinton was feeding the 
stereotype that onion leaders were “thugs, real Mafia types." 

Another argued that there was a “double standard," noting that 
when homosexual rights sharply criticized Mr. Clinton for chan ging , . 
his policy cm homosexuals in the military, “he didn’t attack them the - 
way be attacked us." (WP) ..j 


Surgeon general Backs Legalization of Drugs 


Astrooaots Jeffrey A. Hoffman, at left on sbattie Mm, and Sto^Mnsgraveattadrag a new camera Tuesday to (he HubMcTelesc^It 

How the Shuttle Astronauts Are Progressing 


The Associated Press 

A look at NASA s goals for the Hubble Space 
Telescope repair mission and the status of each : 
MAIN GOALS 

AcampBshed: 

• Replaced two of three pairs of gyroscope*, 
and one of three electrical units to guide them. 

• Replaced four fuse plugs for Hubble's sci- 
ence instruments. 

• Replaced two solar panels. The 40-foot 
( 1 3-meler) electricity-generating wings provide 
Hubble with electrical power. The old ones 
shook when the telescope passed in and out of 
daylight. One was also found to be warped. 


• Installed an updated Wide Held-Planetary 
Camera. This wedge-shaped instrument is an 
improvement over the original and «wumWm 
corrective mirrors, to compensate fortbe flawin 
Hubble's primary mirror. 

• Replaced me of two quirky magnetome- 
ters, which measure Earth's magnetic field to 
guide the telescope. 

Remaining: 

• Install another set of corrective optics. This 
instrument, about the shape and size of a phone 
booth, contains corrective mirrors for three 
Hubble instruments. 


• Replace one of two electronics drive units 
for the solar panels. 

SECONDARY GOALS - 
Acoompfisbed: 

• Replaced four gyroscope fuse plugs. 

• Replaced a second gyroscope electrical 
umL 

• Replaced the second magnetometer. 
Remaining: 

• Install a new co-processor in Hubble's 
computer with upgraded memory. 

• Install a switch on the telescope’s ultravio- 
let lieht detector. 


WASHINGTON — Surgeon General Joy cel vn Elders said Tues- 
day that the legalization of illicit drugs “would markedly reduce our 
crane rale.” 

Dr. Elders raid other countries had decriminalized drug use and 
had reduced their crime rates without increasing the use of narcotics. 
She also said she had not discussed the issue with President Bill 
Clrnton and that she was not speaking fortbe Clinton administra- 
txon. She made the remarks in response to questions at a National 
Press Club luncheon. 

“I do feel we would markedly reduce our crime rate if drugs were 
legalized, said Dr. Elders, the former Arkansas health commission- 
er. She added that she did not know “all of the ramifications but I 
certainly think it’s worth studying. ' 

^ “We need to do studies to fmd out whether legalization makes a 
duferepce, said Dr. Elders, who devoted her speech to a call for 
addressing violence as a public health problem rather than just a 
criminal justice issue. 

“There are a lot of things that are sensitive sutnects. and just 
because they’re sensitive subjects does not mean that we should 
ignore them when they are destroying the very fabric of our coun- 
try, she said. 

Mayor Kurt Schmoke of Baltimore has stirred controversy bv 
suggesting that heroin be legalized. - 


Quote /Unquote 

Dr. Joyoejyn Elders, the U.S. surgeon-general, on the culture of 

vS^ StaleS: “ HcaSe mak *»«» buying thft ' 
toy gun for a child. These toy guns are not child’s play.” (APj 


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• The N ark ma n convicted of beating a white 
truck driver during the Los Angeles riots last 
year was given a maximum 10-vear sentence 
cm Tuesday. Damian Williams," 20. who will 
receive at least two years’ credit for time 
served since his arrest in the beating of Regi- 
nald Denny, hod asked for probation. But 
Judge John Ouderkirk of Superior Court told 
Mr. Williams: “It's intolerable in this society 
to attack and maim people because of then 
race." Before announcing the sentence, the 
judge played a videotape of the riot attacks at 
Florence and Normandie avenues in South 
Central Los Angeles on April 29. 1992, in 
which Mr. Williams was involved. The riots 
followed the acquittal of four white police- 
men on most st ale charges in the 1991 bearine 
of a black motorist, Rodnev King. Two of the 
four were later convicted of federal civil- 
rights charges. Mr. Williams was convicted of 
felony mayhem for attacking Mr. Denny and 


four misdemeanor assault counts. The may- 
hem count carried a maximum eight-year 
term: each misdemeanor count, six months. 

• of the addicts and akofaofics who 
collect federal disability benefits wind up 
wing the money to buy illicit drugs or liquor. 
The Social Security Administration says 
72.137 drug addicts and alcoholics were col- 
lecting Supplemental Security Income dis- 
ability benefits in September, but fewer than 
one-third, 22.000, were in treatment for ad- 
diction. As a result, some addicts on the SSI 
welfare program for the low-income disabled 
and elderly may be spending benefits on 
liquor or drugs. 

• A woman dying of cancer paid a neighbor 
3L.I0O to kill her, but after the teenager she 
hired tried to strangle her, she regained con- 
sciousness and called him back, and he blud- 


geoned her to death, according to prosecutors 
in Summit, Illinois. Re ggi e Williams was 
charged with first degree murder and held on 
5350,000 bond. The victim, Susan Potempa, 
50. was found dead in her home on Thanks- 
giving Day while her husband and son were 
out of town. Officials said they did not know 

why the woman had hired the teenager to kfll 

her instead of taking her own life. 

• A former Roman Cathofic priest who sexu- 
ally assaulted dozens of children while xrv- 
mg as a parish priest three decades ago, has 
been raitenced to 18 to 20 years in prison. 
James R. Porter, 58, was tearful as he was led 
Count y Superior Court in New 
Bcoford, Massachusetts, to begin serving a 
term that many victims complained was too 
jenient in light of his sexual crimes. Mr. 
Porter could be eligible for parole in six years. 







TOPICS 

l .S. Hopes to Break 
Bribe rv Habit Abroad 

The Clinton admin i-UuLum is 
trying to flop bribery h;. foreign 
companies- that :> depriving L T !S. 
concern* of husir.e-s in develop- 
ing countries. The Washington 
Post reports. Officials say” the 
State Depanmen; i> asking' other 


countries to follow the American 
lead in outlawing the bribery of | 
foreign officials. j 

At the same time, the Central I 
Intelligence Agency is stepping : 
up efforts to discover “who in • 
foreign countries is bribing who 
else in order to get contracts that J 
American companies are losing," | 
according ro James R. Wootsev. 
the CIA director. ’ : 

The United Slates has stood 
virtually alone for years in trying 
io stamp out the worldwide prat"- ! 
nee of greasing the palms or local 1 
officials in order to get business f 
contracts. Bribery bv Americans 


was outlawed bv the Foreign Cor- 
rupt Practices Act or 1978. 

No other country has followed 
the U.S. lead, and many Europe- 
an diplomats and businessmen 
have ridiculed the United Suites 
as being naive on the subject. But 
Secretary of State Warren M. 
Christopher says he hopes that 
public outrage over briber; scan- 
dals in like Japan and Itaiv may- 
have changed people's minds, of- 
ficials sav. 

Short Takes 

The second-hand smoke from 
cigars is even more hazardous 


than from cigarettes or pipes. In 
reply to a reader’s query. The 
New York Tunes cited a 1982 
study by the U.5. Environmental 
Protection Agency and the Naval 
Research Laboratory. "Pipes are 
about as bad as cigarettes," the 
study said, “and cigars are defi- 
nitely worse. The bigger they are. 
the worse they arc.” It added: “In 
terms of emissions of particles, a 
cigar was worse than three ciga- 
rettes. And it had 30 times the 
carbon monoxide emissions of 
one cigarette." 

“The Merritt Parkway," a new- 
book by Bruce Radde, contrasts 


the Merritt, which winds scenical- 
ly through Connecticut, with the 
Pennsylvania Turnpike, which 
heedlessly bulldozes across the 
landscape These were the prewar 
ancestors of today’s multilane in- 
terstate highways. Nearly all have 
been patterned after the Pennsyl- 
vania model. This, writes Jona- 
than Yardley in a Washington 
Post review, “should come as no 
surprise to anyone f amili ar with 
the American penchant for ugli- 
ness." 


Arthur Higbee 


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Page 4 


WEDNESDAY, DECEMBER 8, 1993 


* 


OPINION 


Hmlb 


INTERNATIONAL 



Sribunc 


PUBLISHED WITH THE SEW YORK TIMES AW THE WASHINGTON POST 


Stop Squabbling and Settle 


Trade agreements are always tough to ne- 
gotiate when times are hard and unemploy- 
ment is higjh. The enormously ambitious effort 
known as the Uruguay Round, now coming to 
a make-or-break decision in Brussels, was be- 
gun in 1986, a year of solid economic growth 
and optimism. But then the United States fed 
into a recession from which it is only slowly 
recovering, and both Western Europe and Ja- 
pan are now deeply sunk in recessions of their 
own. No wonder the p ro gr e s s in these trade 
talks has been slow and uncertain. 

Hopeful noises have recently been coming 
from Brussels, where trade negotiators for the 
United States and the European Union (as the 
Community has renamed itself) have been try- 
ing anxiously to push each other to an agree- 
ment. They have said they would succeed soon. 
But that will not be the end of this process. 

If they arrive at an agreement, the Americans 
and the Europeans win next have to sell it to all 
the other governments taking part in these talks 
— more than 100 of them — and then go on to 
settle a half-dozen other major issues. All that 
has to be done by Dec. IS. If that deadline is 
met, each government wQJ have to ratify the 
result In the case of the United States, it will 
require Congress to pass legislation and, as in 


the case of the North American Free Trade 
Agreement last month, that will not be ample. 

The purpose of trade agreements is to make 
countries richer by increasing the competition 
among them. But in recessions, doubts rise in 
every country about its ability to compete, 
and anxiety about jobs is fierce. In the current 
arm wrestling between Americans and Euro- 
peans in Brussels, the French have been most 
conspicuous in dragging their feet. It is not 
irrelevant that the unemployment rate in 
France is now 12 percent, nearly twice the rate 
in the United States, 

And yet, after takin g full account of all the 
difficulties and all the hazards, it is necessary 
to say one more thing: The Uruguay Round 
has to be brought to a useful conclusion. It 
cannot be allowed to fail. 

The basic argument for it is a simple one. 
During the past century the times or expand- 
ing trade have meant increasing prosperity for 
most of the world, and the times of stagnant or 
contracting trade have been disastrous. That is 
why the quarreling in Brussels, which has gone 
on longer than it should, now needs urgently to 
be brought to a conclusion on which the next 
world trade agreement can be built. 

— THE WASHINGTON POST. 


RIGHT ALONG HERE 
SOMEWHERE, SI^. 



For India, 
Fracture 
And Flux: 


V T 


By S» Nihal Singh 


N EW DELHI — Prime Minister 
P. V. Narsimha Rao and his 
rating Congress Party have strength-' 
eared their position after voters in 
fear of the Eve northern stares re- 
buffed the rightist Bharatiya Janata 
jr» or! 

rhongh power in New Delhi was- 
not immediately at stake; local eteo- 
tiem in one-dare of the country were 
g em as a referendum on the chances - 
ofthe BJFs Hindu nationalist leader- 
ship coming to power in die next 
1 elections— and as a gauge of 


the 


Try This on North Korea East Europeans, Too, Should Go Away to School 


A US. intelligence estimate predicts that 
diplomatic efforts will fail to coax North 
Korea into allowing international inspectors 
into its nudear sites. But there is no way of 
knowing without giving diplomacy a chance. 

Last Friday. Pyongyang said it would open 
several of its nuclear sites to inspection, but 
not its reactor, reprocessing plant and waste 
sites at Yongbyon. Access to the Yongbyon 
sites would depend on negotiating a package 
deal with the United States. 

Before resorting to tougher measures, the 
United States could offer an equitable deal 
aimed at heading off a confrontation caused 
by North Korea's threat to withdraw from the 
Nuclear Nonproliferation Treaty. That would 
be in America’s and its allies' best interests. 

Before its overture on Friday. North Ko- 
rea had been willing to allow the Interna- 
tional Atomic Energy Agency to check the 
seals and replace the film in cameras moni- 
toring its nuclear sites. These measures are 
designed to safeguard nuclear fuel from be- 
ing diverted to bomb-making. But it had 
refused to allow full inspections of those 
sites, the best way to prevent diversion. 

Now, however," Pyongyang is prepared to 
open several sites unilaterally and then nego- 
tiate access to the Yongbyon sites. In the 
words of North Korea's Atomic Energy Mmis- 
. “the routine and ad hoc inspections . . . 
be resolved one by one if further high-level 


a 


talks will make progress and if further consul- 
tations with the agency will be held.” 

The present U.S. position is that before 
high-level talks resume, the North must first 
allow IAEA access to its nuclear sites and 
begin bilateral talks with South Korea. North 
Korea does not want to move first. Instead it 
hopes to negotiate a package deal involving 
simultaneous concessions. 

How might such a deal unfold? First, jusL as 
IAEA inspectors are visiting the reactor at 
Yongbyon, North-South and high-level U.S.- 
North "Korean negotiators would meet. The 
United States and South Korea would inform 
the North of cancellation of their Team Spirit 
military exercises. The United States could 
then propose a broader package deal. 

In return for full access to all sites, and an 
end to North Korea's missile sales, it could 
offer diplomatic recognition, reassurance on 
U.S. nuclear arms, a light-water reactor for 
the North to generate nudear power, and 
negotiation of a peace treaty formally ending 
the Korean War. That would open the way to 
Western aid and investment and a lowering 
of barriers to trade. 

North Korea could be stalling. Or it may 
genuinely wish to trade away its nuclear 
program for other benefits. The only way to 
find out is to probe diplomatically — by 
offering an enticing deal 

— THE NEW YORK TIMES. 


Post-Communists in Italy 


In municipal elections on Sunday, voters in 
five major Italian does chose the more moder- 
ate alternative — the candidates backed by tbe 
former Communist Party, now- known as tbe 
Democratic Party of the Left. The former 
Communists plausibly, though paradoxically, 
offer themselves as the strongest remaining 
champion of a unified. democratic and Europe- 
an-oriented Italy in the months leading up to 
next year's national parliamentary elections. 

With the scandal-ridden centrist parties 
eliminated in first-round voting two weeks ago, 
coalition candidates backed by tbe former 
Communists stood head-to-head against neo- 
fascists in Rome and Naples and regional sepa- 
ratists in Genoa, Venice and Trieste. Although 
the rightists and regjooalists emerged as the 
largest parties in thdr respective strongholds, 
tbe left coalitions captured the mayors’ jobs. 

Italy’s Communists were among the first 
anywhere to proclaim their full acceptance of 
parliamentary democracy. They have long held 
power at local and regional levels and their 
nationwide vote of between 20 and 30 percent 
made them a kind of silent partner in several 
national governments. What is different now 
is that the seismic corruption scandals of tbe 
past few years have shattered all their main 
national competitors. That leaves the former 
Communists, at least for now, as the main 


standard-bearer against the radical right. 

For years. Washington actively promoted 
Italy's Christian Democratic and Socialist 
parties and their smaller centrist allies as a 
strategic bulwark against the largest Commu- 
nist Party in the West. On its own Cold War 
terms, American policy succeeded. Italy re- 
mained a member of NATO and enjoyed 
decades of impressive economic growth. But 
Italians paid a price. Payoffs inflated the cost 
of local government and paralyzed the admin- 
istration of impartial justice. And the centrist 
coalition became entrenched as a permanent 
government, stifling any realistic possibility 
of healthy democratic renewal. 

The collapse of Soviet power theoretically 
opened the possibility of change. But it took, 
tbe prosecution of top Christian Democratic 
and Socialist leaders and their business allies 
to smash the existing political system. 

The posi-Cotnmunists, as the only major 
national party not deeply implicated in the 
scandals, were one beneficiary. So were the 
previously marginal neofascists of the Italian 
Social Movement and the regionalists of the 
recently organized Northern League. The 
democratic credentials of all three arc open to 
suspicion. But the post-Co aununis ts have 
gone furthest to dispel tbe doubts. 

— THE NEW YORK TIMES. 


Other Comment 


Russia’s Czarist Eagle Is Rack 


The hammer and sickle, the world-recog- 
nized symbol of the Soviet Union, has now 
been conrigned to the same historical trash 
heap as the stale it represented. By decree of 
President Boris Yeltsin, tbe emblem that was 
once omnipresent across the vast empire is to 
be succeeded by the once equally familiar dou- 
ble-headed eagle of the czarist era. The eagle 
seal one head Touting east, the other west, is to 
be mounted on all major gov ern mam buildings 
by Jan. I. Mr. Yeltsin intends it to mark the 
beginning of a new era in Rusria’s history. 
There are some, however, who nervously won- 
der how far the return to traditions might go. 

The two-headed eagle inescapably remains a 
symbol of autocracy, of the claim to divinely 
sanctioned absolute rule. Under that claim, 
Russians and non-Russians brought into the 


empire endured long generations of exploita- 
tion, repression and brutality. Having only 
lately rid themselves of (me despotism, Rus- 
sians are now going to find themselves remind- 
ed frequently of an earlier despotic heritage. 

Sunday, Russians wQl vote in the first free 
and competitive parliamentary elections in 73 
years. They will also vote on a new 100-page 
draft constitution that few of them are likely to 
have seen. Mr. Yeltsin, again by decree, had 
originally forbidden any of the 13 parties seek- 
ing in the new legislature to criticize the 
draft. Now, under pressure even from some of 
his supporters, he has backed off. 

That is a small victory for open debate. It 
will take man y such victories before Russians 
can feel they have truly broken free of the 
harsh past that both the hammer and sickle 
and the two-headed eagle represented. 

—Los Angeles Times. 



International Herald Tribune 
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W ASHINGTON — The World 
Bank has just published “The 
East Asian Economic Miracle,” a 
390-page examination of economic 
growth from 1965 to 1990 in Japan, 
South Korea, Taiwan, Hong Kong, 
Indonesia, Thailand, Malaysia and 
Singapore — what the bank calls the 
high-performance Asian economies. 
These economies have grown more 
than twice as fast as the rest of Asia 
and three times as fast as Latin 
America. In trying to explain this, the 
authors draw some useful conclu- 
sions but miss an important one. 

And this trussing conclusion points 
to some urgent lessons about the 
bank's newest challenge: tbe former 
Communist countries of Europe. 

First, the authors point out that the 
leadership in the Asian countries they 
studied got the fundamentals right: 
high levels of domestic savings, ag- 
gressive investments in primary and 
secondary education, good macro- 
economic management and limited 
price distortions. 

The authors admit that they cannot 
explain it alL The factors they studied, 
run through a predictive model, point- 
ed to growth rates dramatically small- 
er than those dial occurred, leaving an 
“unexplained residual” 

The explanation may be found in a 
massive transfer of skills and know- 
ledge which the report's authors 
failed to examine: Tens of thousands 
of East Asian business and political 
leaders have attended foreign univer- 
sities, in the United States and else- 
where, in the past several decades. 

A superficial glance at tbe business 
and banking communities in the 
Asian countries shows many foreign 
graduates in strategic positions. This 
is also true for governments. For ex- 
ample, the prime minister of Singa- 


By James M. Montgomery 


grown as they haw without this criti- 
cal mass of foreign-educated leaders. 

If che answer is “no," then the 
lesson for the East European coun- 
tries is clear: They are woefully be- 
hind in developing tins critical type 
of intellectual capital, and if they do 


not develop it they w01 not catch up, 
ould be disastrous far aQ. 


which wot 
The numbers are not encouraging. 
In the 1991-92 academic year, the 
Asian countries in the study had more 
than 150,000 students in America 
alone. The former Warsaw Pact coun- 
tries had fewer than 6,500. Sutgjmore, 
with 3 million people, had 4,755 stu- 
dents in America, the former Soviet 
Union, with more than 200 milHon 
peorie, had less than half that number. 

lire problem is even sharper than 
the raw numbers indicate, since in 
many ways the East Europeans need 


the intellectual ea pfart (hat foreign 
soufy offers even more then the Asians 
do. The latter have long had market 
economics, bat the people in Europe’s 
new democracies arc not only inexpe- 
rienced with market techniques and 
practices but, more important, have 
not begun to absorb the premises and 

amtudes behind those procedures. 

Tor the foreseeable future, atten- 
dance at foreign schools will offer the 
East European countries the best in- 
struction m techniques and the op- 
portunity to absorb the new attitudes 
that these new economies must have. 
As history has shown, many of the 
ret urning students will be leaders. 

Some will directly strengthen thdr 
countries’ schools by joining facul- 
ties. Others will teach by example in 
the workplace. All wQl hdp tie their 
economies into the world market 


Some will join the gn v g nnp w, t t » mi 
those who do not will support the 
others in the fundamentals. 

The Wodd Bank has not been, 
alone in faffing to draw the 1 


stratum 


It the idea of 
people toTUS. schools. 
: to Congress, some programs 
were started, and now Congress and 
tire Clinton administration appear 
mated in a determination to get sig- 
nificant numbers of Russians and 
others into U.SL schools. As the 
World Bank starts ha own flow of 


hill 

state of Hrmacfial moesn, while BJP 
won control Of the revived local as- 
sembly in the capful, which is only 
of symbolic importance. 

The BJFs greatest setback was m 
losing Uttar Pradesh, the most popu- 

loos Indian state, which «xids the larg- 
est nt nyihe r of members to the lower ‘ 
boose of ParfiameuL The BJP had- 
pushed its profoogod campaign for a 
fermfa Tmtrfl to ft frenzied efimax in 
Utlar Pradesh, culminating in tbe de- 
moBtion of the 16th-century Babtv 
masque in Ayodhya last December. 

Uttar Pradesh, home of the Nch- 
rn-Gandhi family, has been the tra- 
ditional source of power at the na- 
tional level. Congress came in third 
there, however, fallowing an alliance 
of caste-based and socialist parties 
and the BJP. 

Amid the wave of communal vio- 
lence that followed the destruction of 
the Safari mosque, New DeSri had 
dismissed- the BSP adminis tration' 
and imposed direct rale over Uttar’ 
Pradesh and the other northern 
stales. Tbe election results show 




that the BJFs seemingly inexorable. 

er in New Delhi has 


march to power 
beeadredmd. 


Congress is a tired old party bat' 
'eenshort- 


wfll want to apply all the lessons from 
East Asia in setting its educational 
and training priorities. 


The writer is director of internation- 
al affairs for the Seagram Company. 
He contributed this comment to The 
Washington Post 


Worried East Europeans See the West Overlooking Them 

_ • tire BJFs ability to move toward the 


I T MAY seem odd to a visitor from the West that 
serious people in East European capitals are talking 


senous , 

about “imperial” dangers posed by Moscow, but they are. 
Respected commentators charge on radio and television 
that Poland is the victim of “another Weston betrayaL” A 
front-page headline in the Polish newspaper Zyrie Wan- 
zawy proclaims that “Imperial Russia Is Becoming a Fact" 
Justified or not, these fears reflect a growing East Euro- 
pean perception of reality, and thus constitute a political 
Fact or life that the West should take with equal serioosness. 

Many Poles, including top foreign poncy experts, see 
their country directly menaced by a resurgent and nudear- 
armed Russia, and they are afraid that unless the West 
intervenes Poland and the rest of Eastern Europe will be 
drawn once more into Moscow’s sphere of influence 
The West has made no secret of its intention to do 


nothing — such as expanding NATO membership east- 
ward — that would jeopardize Boris Yeltsin's standing 
with tbe Russian unwary or interfere with Defease Minis- 
ter Pavel Grachev’s new defensive doctrine and his feats 
that Russia is being encircled. 

Such a Western stand on security matters, co mbin ed 
with reluctance to provide meaningful economic aid and 
Open markets, may lead to acts of political desperation by 
East European governments to protect themselves. Strong- 
ly nationalistic groups could reach far power, with extreme 
conservatives ami former Communists uniting. triggering 
new turmoil and jeopardizing the nascent democracies. 

It would be folly for tire West to allow history to take 
such a course just four years after tire walls bmli by 
totalitarianism came crashing down. 

— Tad Souk, co mm enting in the Los Angdes Times. 


tort have been 

Is recent years, the BJP has 
eaten away at its dominance by con- 
trasting its religious nature to Con- 
gress traditional fintnlamm. 

The BJFs problem remains how to" 
reconcile its concept of a Hindu India 
with tire ethnic and rdjgious mix of 
the country. There are more than 110 
millinn Murifans * pnp nbttnn ww wv 
ing 900 nnffion, as wrflas 

and Sikh minorities! 

The 

tire BJFs ahjfity to move toward the 
center. To do so, it would have to 
discipline fanatical dements and 
hreak wilh demagogic associations 
Eke the Yishwa Hindu Parishad 


i 


pore is a graduate of Williams Col- 
lege, 


lege, the education minister went to 
the University of London, and the 
finance minister to the University of 
California at Berkeley. Thailand's fi- 
nance minister graduated from Har- 
vard and Stanford, and his father, 
one of Thailand’s most successful 
bankers, graduated from the Univer- 
sity of Pennsylvania in the late 1 930s. 

In the 1991-92 academic year, Ja- 
pan had 40,700 students in the United 
States, Taiwan 35,552, Korea 25,719, 
Hang Kong 13,191, Thailand 7,685, 
Indonesia 10,251, Malaysia 12,645 
and Singapore 4,755. Except for a 
small decrease for Malaysia, all of 
these numbers represent an increase 
over the previous year. Figures for 
schools in Canada and Western Eu- 
rope wiD probably tdl the same story. 

These figures represent a continu- 
ing annual investment of more than 
55 billion in foreign study in the 
United States alone. This is too large 
to ignore on financial or intellectual 
grounds. The report’s authors point 
out how important investments in 

K ary ana secondary education 
been. But the entire education 
picture deserves attention. The au- 
thors need to ask if those high-perfor- 
mance Asian economies could have 


They Bless a Statue oi a Mass Murderer 


(World Hmdti Organization) and the 
paramilitary BajiaogDaL 
- Lai KxishaaAdvani, the BJP presi- 
dent, is as astute pditidan, bat hd 
has often adopted extremist postures 
for electoral profit How far he can 
lead las party to ameeded realign- 
ment of ptfioes remains to be seen. 

The need far introspection is even 
greater for die Congress Party. Judg- 
ing by past form, x review of its less 
ttog^OTioaspafofznancemthe.lat- ^ 
est efcctkmswiflbepeifimctory. - p 

Congress gained strength by Mp- 


EW ORLEANS —On Oct. 22, 


the day after the UJS. Congress 
granted Romania most-favored trade 
status, a statue of Ion AnUmescn was 
erected in Slobozia, near Bucharest 
General Antonescu, the fascist dicta- 

sibleforiLe deaths of atieast 25 (!jSx> 
Jews and 20,000 Gypsies. 

This is the first statue of a war 
criminal from Eastern Europe to be 
erected since the war. 

The dedication was attended by 
government officials including MShai 
Ungheanu, an aide to former Presi- 
dent Nicolae Ceausescu and current- 


By Andrei Codrescn 


nipped this outrage in tbe bud. M r. 
Hiescu’s own father was an inmate in 


ly secretary of state for culture, and 
Comeliu Vai 


ieliu Vadim Tudor, a member of 
parliament who is a vicious anti-Sem- 
ite. Other statues of General Antone- 
scu are planned in several cities. 

This campaign to rehabilitate a 
mass murderer has unified tbe Jews 
still in Romania. Anti-Semitic attacks 
are common in far-right newspapers 
and paxHamentaxy speeches, out the 
Antonescu monument takes the tirua- 
tion to provocative new heights. 

The extent of the Romanian Holo- 
caust. rivaling Nazi Germany’s in 


savagery, is still not widely known. 

Ratio Ioanid, director of the Na- 
tional Registry of Jewish Holocaust 
Survivors at the Holocaust Museum 
in Washington, has studied recently 
opened archives in Romania and 
concluded that the dimensions of the 
tragedy have been vastly understated. 

Dunng the Ceausescu r^me, offi- 
cial policy perpetuated the myth that 
Romanian fascism was more benign 
than elsewhere and that most Jews 
survived the war. This turns out to 
have been pore disinformation by 
Mr. Ceansescu, who needed the old 
murderers to support his own amal- 
gam of national socialism. 

The money to erect the statue of 
General Antonescu in Slobozia came 
from police officials and Iosif Con- 
stantin Dragan, an fsnigrh business- 
man and former member of tbe fas- 
cist Iron Guard. 

President Ion fliescu, who has 
made public speeches condemning 
anti-Semitism, could easily have dis- 
missed the Slobozia police chief and 



tfor the Neighborhood to Which 


B ANGKOK — Want some light 
relief, other than the Briush 
royalty, from the agonies of Bosnia, 
Gaza, Somalia? Try the dispute rag- 
ing between Prime Ministers Foul 
Keating of Australia and Mahathir 
bin Mohamad of Malaysia. 

Neither man is known for his 
reticence. Mr. Keating is capable of 
verbal vitriol robust even by Aus- 
tralian standards. Mr. Mahathir ac- 
knowledged recently that some of 
his controversial statements are 
made with an eye to getting atten- 
tion for Malaysia on the world stage. 

So it is all the more remarkable 
that unstartlmg remarks by Mr. 
Keating have led to a row between 
tbe two governments. Malaysia has 
announced that it is downgrading 
relations with Australia. Foreign 


By Philip Bo wring 


ite 


Indeed, it is 
the 

le nas always been 


that he is 


Minister Abdullah Ahmad Badawi 
said it could have “far-reaching con- 
sequences." Australian firms could 
lose lucrative contracts in Malaysia, 
including a 52 billion naval deal. 
Alreadv Australian television pro- 
grams have been banned. 

AU this because Mr. Keating de- 
scribed Mr. Mahathir’s attitude to 
the Asia-Pacific Economic Coopera- 
tion group as “recalcitrant,” and 
then m a subsequent letter to Mr. 
Mahathir explained tbe context of 
his words but faded to apologize. 

It is hard to say why Mr. M ahathir 
would be so upset with the word. 


of 

_ an Aus- 
tralian initiative. His suspicions were 
strengthened this year when the 
United States, which had long been 
lukewarm toward APEC decided to 
make it a key element in Asia pdky. 
This was seen by Malaysia as a 
means of heading off its own idea for 
an all-Asian group, the East Arias 
Economic Cooperation forum, as a 
potential counter to the NAFTA 
and European Union blocs. 

His decision not to go to Presi- 
dent Bill Clinton's Seattle summit 
of APEC leaders was consistent 
and unsurprising. 

But if Malaysia's response to 
"recalcitrant" seems extreme, Mr. 
Mahathir has in the process clever- 
ly provoked Australia’s neurosis 
about its relations with Asian 
countries. Mr. Keating, whose last 
election platform contained much 
rhetoric about "joining Aria,” now 
finds himself under attack at home 
for banning relations with Aria by 
his allegedly loose talk. 

Australia in fact already has a 
higher proportion of trade with its 
Asian neighbors than they do with 
each other. But in thdr confusion 


about their own identity as a. Euro- 
, on the edge of Aria, 
often speak as though 
Aria were some kmd of dub for 
which they had to qualify for mem- 
bership. One "blaacbalT from the 
likes erf a Mahathir and they would 
not be able to join. 

At times, Australia has seemed to 
lose sight of its national interests in 
pursuit of joining an “Asia" whose 
own identity and definition vary 
from country to country. Malaysia 
has played on Australians weakness 
by referring to treatment of aborigi- 
nes and suggesting that Australians 
could not be Asians because they did 
not “understand Asian sensitivities," 
as if Asian leaders were always scru- 
pulously polite to each other. 

It is possible to see in all this 
echoes of anti«domalism, reaction 
against Western arrogance, as well 
as East Asian confidence in the re- 
gion's economic success. 

But in reality, nongovernmental 
relations between Australia and 
Malaysia are dose and cordiaL 
The danger in the Keating-Ma- 
hathir clash may be that it will be 
taken too seriously. 

Tbe neighbors have been amazed 
and bemused by this bizarre saga. 
Ultimately, as a Thai diplomat put 
it, there is only one sensible and 
positive reaction: smile. 
International Hendd Tribune. 


one of General Antoncscu’s notori- 
ous prison camps, at Thgu Jin. The 
president’s failure to act testifies to 
the power of the extreme right wing 
in Romania today. 

£a 1991, the UJS. Congress passed 
a resolution on anti-Semitism m Ro- 
mania that tied assistance, especially 
most-favored-nation status, to pro- 
gress in “combating anti-Semitism 
and in protecting the lights and safe- 
ty of its etinric minori ties " Romania 

is thumbing its nose at American 
concerts and underscoring tbe grow- 
ing feeling in Eastern Enrqsethatthe 
United States is incapable of a firm 
paEcy in tbe region. 

Despite the lick of urgency in the 
Clinton adnamstrafian, toe revival of 
fascism in Eastern Europe is cause 
for great alarm. 

In Croatia, streets are being re- 
named after war criminals. This year 
President Fraqo Tudjman nominat- 
ed a framer commander from the 
pro-Nazi Ustashe regime, Ivo Rqj- 
mca, as ambassador to Argentina. 
(Fallowing protests, he withdrew the 
nomination without apology.) 

In Slovakia, Prime Minisua’ Vladi- 
mir Medar has predefined that Gyp- 
sies are a danger to the white race. 

In Russia, nationalists and fascists 
are vying for seats in parliament. 


ISWTand then providing an umbrella 
raider which many tauendes could 
ucstiCrBut m the tost three d ecade s , 
tiie party has suffered from splits 
engineered by hdini.GaBdbi to as- 
sert ha control Her assassination, 
and that of her son and successor, 


• ofca ] _ . _ 

During his two-year hue, fteri- 
deotNaiarimha Rao has been bold 


'family. - 
ear rule, 
ahasbea 
in ch j*u gf fl g economic policy but 
timid in resolving contentious pofiti- 


cal problems. Although :a;ftaoit 
speaker of Hindi, the language of 
the North, he is from thr South. 
Congress lost much of- the -North 
to the BJP and other parties in the 
last general election. 

Opposition efforts to displace 


ft had too tigtt a hold an the 1 
coder. The BJFs challenge from the 
right has been laced with a strong 
Mpeal to zetigipus seatiawnts. Bui as 
the local elections proved, there are 
lmritstotite success of extremist posi- 
tions in India’s polity. 

The recent erections helped en- 
trench caste as a factor in electoral 
politics in the North. Caste has long 
been accepted as a starting point in 
politics in the South. Tbe remarkable 
Showing Of the aTKanee 

the lower castes and a 1 
castohased party is _ 
as the enfwmehwenvgnt of the tradi- 


The writer, whose fibn “Road Schol- 
ar^ was released tiasfaB, is author of 
" The Hole in the Flag," about she 
1989 ovaltaw of President Nicolae 
Ceausescu in Rumania He contributed 
this comment to The New York Times. 


the elevation of the lower 
castes in tbe political hkzarcfry is to 
be welc omed, the new dxvirions along 
caste lines mean a. more fractured 
polity. For India, a farther period of 
political transitian lies ahead. 

International Rmdd Tribune. 


EV OUR PAGES-. 100, 75 AND 50 YEARS AGO 


1893. llieWixmgBatde 

now under the control erf the Bd- 


into the 
T>nda22 
1 was of a* 


LONDON — The 
death of the late Pi 
bdd yesterday [Dec. 

painful nature. Mrs. , 

that the deceased had beat in delicate 
health fra three years, “As a rule 
there were two bottles near the bed,” 

.19®: WedgelnMy : 

sored a tabiespoanfnl of tnHgrmria v ALLIED HEADQUARTT3UJ, AL- 


. ....... - zone 

of occupation west of the Rhine. 
Oeves, near the Netherlands frexo- 
t icr and the Rhine, is to be f ormall y 
occupied to-day or to-morrow. . .. . 


I thought, and added water. "AH he 
said was: ‘There is a curious sweet 
taste.’ I said: ‘John I have given- you. 
chloral.’ And be said: ‘Yes, you poor, 
darting, you have killed your Jcrnn.” 
Mrs. Tyndall here broke down with 
intense emothm. ~- 


GIERS-— [From onr New Yodk edi- 
ibbii 


1918: Occupation March 


PARIS — The second stage of the 
occupation of the Rhenish pro*-, 
mces, which is to be completed tor 
night (Den* 7], is proceeding accord- 
ing to the schedule of the forward 
march. Tbe town of Obetiassd. 


tion:] Stabbing their way onto 
heights six miles southwest of MIg- 
nano overlooking the flooded - Gan - 
i gnano Rbra, United States. 5th army 
troop have driven ad«p wedge into 
-toe lntocaxe web of fortifications .of 
roe German winter line and now 
noid do min a tin g positions in a 
twenty-F 


_ __ area com- 

mandinR the road to Rome. Amen- V 


•y 

Vi 


.... _ thdr. way 
ly frawaM against a strongly 
•entrenched -enemy thro ug h .mm, 
mud, flooded creeks, mine fields, 

and barbed wire rmtanglemeiUs. 


k-v,- 4 . 








INTERNATIONAL HERALD TRIBUNE, WEDNESDA Y, DECEMBER 8, 1993 

O P I M I 0\ 




The New American Terror: 
KjUing Fields in the Cities 


crue 1m 
jolt Ifc 
E r w 

and ‘ ir 

that -strar- 
dei'- !p]r 

Ma; A 
said : 
a r. , d 

a* ; d4 

SCin 


By A. M. Rosenthal 

N^^n^»" ThecitiesofAmcr - Audio get 

the oeonle whni-* 61 - mi i c ^ they arc entii 

smane? J F?™??K IVe « them get much stop coaming 
stand ih af ^ ^ h ? ve 10 under- government a 
dvil cSh ^ is going through a state officials 
hefnr^ 11 ha* never strong enougt 

A ^ d«ades ago, cowardly eno 
Us,ng guns 10 W11 tion equipped 
loss. Hnw C Was 0O!S >' hut no great Local offic 
a t:>r i ^ose da > s die sidewalks 

almost pastoral. the Uiougbt 

-ffW" •“** expanded their Mayor-elect 1 
ndds are whole tationandfui 
nagftbortwpds. their potenUal targets to how much 
CYcrvlhinff m iHav ru- vr ■ - , 


~ neighborhood control, the new 
American terrorism. 

And then, the people of the cities will 
have to put away their handkerchiefs 

So far this year, 342 Neuj 
Yorkers hate been killed by 
stray bullets. In the past few 
days, (wo women were shol 
in their pregnant bellies , 
one while she was handing 
overall her money — $2. 


when they think about gun criminals. 
We are hot dealing with misguided 
children or street "leaders'' strutting 
their mouths on television, talking 
of gang summits. 

John Ray. a member at large of the 
District of Columbia Council, put it as 
plain as it should be put. "These hood- 
lums aren't looking for a job." he wrote 
in The Washington Post. “They have a 
job: they are full-time, swaggering 
criminals, and they are good at what 
they do. They sell drugs, run guns, rob 
and steal. They have no respect for 
human life and will kill you with 
or without provocation." 

President Bill Clinton told black 
Americans that criminals let down the 
values of the civil rights movement. 
Mr. Ray says that even to make the 
linkage* pollutes the movement. He 
asks The president to lay off such senti- 
mental connections. 

Recognizing gun and drug gangsters 
for the kilters they are does not prevent 
work to provide jobs and education for 
young people who yearn for both. 

The reverse: Until a clear emotional 
and political line is drawn between 
those who commit themselves to en- 
deavor and those who have committed 
themselves to killing, they will be lump- 
ed together by Americans who live out- 
side The war rones. Already that is the 
great triumph of bigots and criminals 
— the branding of all minority and 
poor youngsters as dangerous. 


And to get the public safety to which 
they arc entitled, city Americans must 
stop counting primarily on the federal 
government and turn to their local and 
state officials. The gun lobby is still 
strong enough, and national politicians 
cowardly enough, to block gun legisla- 
tion eqmpped with a set of teeth. 

Local officials have seen entrails on 
the sidewalks, and their souls vomit at 
the thought of more. In New York. 
Mayor-elect Rudolph Giuliani’s repu- 
tation and furore are totally connected 
to how much safer he can make New 
Yorkers feel. 

Fair enough. Everybody knows may- 
ors cannot stop crime by themselves. 
But Mr. Giuliani was elected because 
many people felt that he would fight his 
New York heart out trying. 

He has started well.' by promising to 
cordon off school streets from criminals, 
accept no police tolerance of crime and 
arrest the street peddlers of drugs, with- 
out whom the drug trade could not exist: 
and by picking his own police commis- 
sioner. I hope he also shows the inside 
of police stations to drug buyers. No 
buyers, no trade. 

Mr. Giuliani says that there is still 
plenty of prison space. Myself, I tike the 
idea of special courts and sentences 
without parole for anybody who uses a 
gun while committing a crime or even 
thinks of it by carrying one. 

Special gun users' prisons would be 
useful even if they have to be a bit more 
crowded, if necessary. 

Drug therapy should be mandatory 
for all criminals with any record of drug 
use. with release time depending on suc- 
cessful completion. 

Mr. Giuhani will meet with Mr. Clin- 
ton on Tuesday and suggest legislation 
to put handguns under a kind of motor 
vehicle law: To get one you have to 
register it and pass a user’s test. Nice. 
I love iL But after the decadeiong 
struggle over the mild Brady bill, let's 
not us city folk hang around waiting, 
but look to our own officials and laws, 
and demand more. 

So far this year. 342 New Yorkers 
have been killed by stray bullets. And 
in the past few days, two young women 
were snot in their pregnant bellies — 
one for a jacket, the other while she was 
handing over all the money in her 
purse, two dollars. 

So Mr. Giuliani will find that in New 
York City there are not many handker- 
chiefs left for the gun killers. 

The New York Times. 

Letters intended for publication 
should be addressed “ Letters to the 
Editor” and contain the writer's sig- 
nature. name and full address. Let- 
ups should be brief and are subject to 
editing We cannot be responsible for 
ihe return of unsobdted manuscripts. 





Hie UN and Burma 

The editorial "Rangoon Goes Too 
Far" (Dec 3) made the disingenuous 
suggestion that Asian countries tike Sin- 
gapore had soughf to water down this 
year's UN resolution on Bunna.it also 
accused Western countries like Britain, 
France and Sweden of quietly bowing to 
these Asian pressures. This is a blatantly 
false picture of the situation. 

This annual resolution on Burma was, 
as usual, drafted and coordinated by 
Sweden. After several rounds of consul- 
tations among many interested coun- 
tries. consensus was reached on a tough 
and hard-hiuing resolution, which de- 
plored the continued violation of human 
rights in Burma and urged the govern- 
ment of that country to take all neces- 
sary steps to restore democracy. 

Unfortunately, the United States de- 
cided not to be part of this consensus. 
Instead, it sought to undermine the con- 
sensus by including provisions that were 
not acceptable to the rest 

It is carious that the editorial parroted 
official U-S. views. 

CHEW TAI SOO. 
Permanent Representative of Singapore 
to the United Nations. 

New York. 

A Mugger’s Rich Reward 

Regarding the summary Nov. 30 oj 
US. Supreme Court decisions, and Rich- 
ard Cohen's comment. “The Court Allows 
the Thief to Make Out Like a Bandit " 
(Opinion, Dec. 3): 

You report that the justices "left intact 
a 543 million award won by a subway 
station mugger from the New York City 


LETTERS TO THE EDITOR 

ority after he was shot and Olympic Commercialism 

i!e rrvine In ests ne • *■ 


Tr ansi t Authority after he was shot and 
paralyzed while trying to escape.” 

Is the taxpayer being asked to com- 
pensate the mugger for lost mugging 
income? How manv people, muggers or 
otherwise, earn 54.3 million in their life- 
times? What is the point of awarding 
such huge benefits to people who are 
injured while committing a crime? 

There are two lessons to be learned: 1) 
crime pays; and 2) the prolonged study 
and practice of law may be hazardous to 
one’s common sense. 

SANDRA R. WERTH. 

SL-Nom-la-Brettche, France. 

Mr. Cohen’s comment that "something 
has got out of whack in America’s crimi- 
nal justice system" is totally correct. It 
would be interesting to know what part of 
the 543 nnllioo went for lawyers’ fees. 
That might indicate where the problem 
with the criminal justice system lies. 

HUGH BISHOP. 

Jakarta. 

Above AD, Be Patient 

I detect a strain of. unrealistic expecta- 
tions in many of your letters and editori- 
als on the formation of free-trade blocs. 
Yet I am heartened by all of. these move- 
ments. The glass is not half -empty hut 
half-fulL.The doomsayers notwithstand- 
ing, there has been at least halting pro- 
gress on all fronts. 

Each economic movement will build 
more upon its past successes than on its 
past failures. Each will be advanced by 
the successes of the other blocs more 
than set back by interim failures of oth- 
ers. Above all we.mnst be patient ■ 

• GERALD D. HARDY. 
Manchester, Connecticut 


L OS ANGELES —Seven years ago I 
/ saw a warning sign outside a small 

lan% of Malaysia — left over from the 
hard days of British colonialism. 
It showed a stick figure running away, 
with another figure holding a rifle 
in firing position. 

I never saw its like again until last 
weekend, while walking in my nrighbor- 


MEANWfflLE 

hood. On the gate of a house on Romany 
Drive in Pacific Palisades, there was a 
large picture of a revolver pointed direct- 


ly at anyone approaching the house, speech to producers and stars able to 
There were words this time: “Never Mind Savon to $100,000 for dinner with, the 

ihf* TV** Rnan> nf Ourwr* 7 ' t will f, ii._j mnrh hp 


Regarding ", For Olympic Chief, a Mar- 
athon Mission ” (Sports, Nov. 4): 

George Vecscy calls Juan Antonio Sa- 
maranch “the most important sports fig- 
ure in the world.” Mr. Samar anch has 
completed the transformation of the 
Olympic movement from one of ideal 
amateurism to one of pure commercial- 
ism. The Olympic Games are up for sale 
to the highest bidder, and the people 
who ultimately foot the biB arc the tax- 
payers in the bost coon tries — as anyone 
m Norway will teHyou. 

NORMAN SANDERS. 

Drammen, Norway. 

Merely Suburban 

Regarding “ For Sale: Kitchen Tips by 
Duchess of Windsor"' (Back Page. Nov. 
25) by Frank J. Prial: 

Gif -sur- Yvette, less than 25 kilome- 
ters (15 miles) from Notre Dame Cathe- 
dral, is definitely not about two hours 
from Paris, unless the duchess was walk- 
ing home. The trip mkw less than an 
hour by car or commuter train. 

The village is also known for the 
state research laboratories located there 
and for having hosted the Henry Kissin- 
ger-Le Due Tho talks that helped end 
the Vietnam War. 

PIERRE LASZLO. 

SL R6my-les-Chevrcuse. France. 

Ibe Way We live Now 

Regarding "A Great Crisis of the Spir- 
it” (Nov. J5) by Douglas JehL 

President Bill Ctinton has identified 


the Dog. Beware of Owner!" I win 
Three doors away, someone had “The 
Gub" — the anti-car .theft device that 
lories onto steering wheels — on his 
Lexus. This is on a quiet street in a 
pretty good neighborhood, a few blocks 


the U.S. epidemic of violence as some- 
thing that “will destroy us:” Yet. most 
Americans seem to be in a stale of denial 
over the problem and its impact ■ 

The dangerous way Americans live, 
accepting the fact of violence, and then 
altenng their lives in so many ways until 
life itself seems one huge exercise in stay- 
ing one step ahead of the bullets, is an 
aberration. Are Americans “cocooning" 
and “borrowing" to stay dose to their 
families or simply to stay off the streets? 

In Europe, we have rediscovered stim- 
ulating, human cities, the wonder of safe 
streets, thejoy of children in wide open 


life: We don’t bother to check the baric 
seat of the car, to time oar return before 
dark or to think -twice before venturing 
out for a film or a concert. Face it: The 
word “freedom" means Hole in a coun- 
try where citizens have no liberty from 
fear of being shot dead. 

Yes, Italy 1ms its problems, official ' 
corruption and overtaxation bring some 
of the worst. Crime is up here, too, with 
burglaries »nd purse-snatching common 
eno ugh. But bureaucrats and crooks 
take only money. In Italy, we 
still have our Kves- 

KATHLEEN MAZZOCCO 
and five others. 

Milan. 

Sex, to Grant or Withhold 

Regarding “ A Crudal Role in the Cit- 
ies for Women, the Civilizers” (Opinion, 
Nov. 30) by William Raspberry: 

It worked for Lysistrata, didn’t it? 

. SHARI LESLIE SEG ALL 

Paris. 


s 3 ; 

-v tr** 


By Richard Reeves 

n vears-aeo I from where Ronald Reagan lived before 
te am dectflJ 

verrromuie nTosAnaeles’ This is the town Presi- 

SSttaS: *£ “ “r 

tofaiSt before to hold a meetmg focused on*' 
■ continuing recession in California. But 


aw its like again until last ^ TtaPnS 

tile walking in my neighbor- the next day s Mee of a- 

■ - ‘ two loo stones on the front page oi ine 


two top stones on uie front page 
newspapers that came thudding onto the 
driveways of Romany Drive were these: 

“Clinton Appeals to Hollywood on 
Film, TV Violence.” and “Clinton May 
Back National Gun licensing." _ 

The first reported on the president s 
sneech to producers and stars able to 


pay Op to SlUU.UW i or amn« wiuluk 
man. He talked first about hew much he 
loves movies and even tbe “mindless- 
ness" of television as a way to numb the 
stress of his job, but then he said he 
wanted to talk about the “collective -re- 
sponsibility” of those, including himselL 
who have the power to influence others 
— particularly young, poor people. 

nt does no good,” be said, "to say. 
‘Writ it's freedom of speech and we are 
not responsible for bow people react to 
it’ We have too much evidence lo know 
that Ae cumulative impact of television 
and other communication channels over 
tune with regard to violence of all kinds, 
we know what it does . . . For people 
liring in chaos, it is a disaster.” 

And people living on Romany Drive 
think the chaos is headed their way. Some 
of them were probably in the president's 
audiences. This may be the first time they 
have actually had to listen to someone 
confronting them with the impact of their 
lucrative work. Mr. Clinton deserves a 
good deal of credit for doing so. 

Hollywood floats on hypocrisy, and 
np until now movie and television mak- 
ers have been able to tell one another 
that their work has no effect on behav- 
ior. They have done this at the same time 
as they have been idling Coca-Cola and 
Budweiser and everybody else that they 
should pay to have thrir products shown 
in movies — because a Hash of a six- 
pack of Sprite will make people buy 
more of the stuff. Meanwhile, Holly- 
wood wives and children have kept busy 
trying to persuade thrir husbands and 
daddies to slip environmentally correct 
messages into movies to save the planet 

Then, at a meeting with editors and 
executives of the Times, Mr. Clinton 
said be was ready to go far beyond the 
Brady bill and its five-day waiting peri? 
ods to bay guns and even consider feder- 
al licensing. He said he thinks that idea 
“really has some merit" . . 

Yes, it does. Perhaps, if the president 
keeps up, the people of Romany Drive 
□tight be trilling to keep guns out of 
thrir films — and not need them to 
protect themselves against the people 
who watch those films. 

& Universal Press Syndicate 


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Malaysians Finning 
Over Keating’s Jab 

Kuala Lumpur Is Determined 
; To Get an Australian Apology 


1 


Michael Richardson 

ham ttomaiHauU Tribune 

SINGAPORE — Prime Minister 

Paul Keating of Australia has a 


Esct 
toll 
Win 
H 
dish 
hev 
he * 

iJS • sta n> tongue, which he frequently 
c , ’ on political opponents at 
'■ t , " onie - His colorful invective is ac- 
that 1 1 * although some umes criti- 
I s " c ' 2e< ^ to the rough-and-tumble of 
rf* .11 Australian politics. 

said ‘ n_.® ut w * Kn ^ r - Keating called 
v™ ‘ Prune Minister Mahathir bin Mo- 
' ;l ; hamad of Malaysia "a recalcitrant" 
. for boycotting last month’s meet- 
rift ' *? Bot of ** 17 ntttobcre of 
son . . to? Asia- Pacific Economic Coopei- 
for : ' ■ atlQn f orum - it hit a sensitive nerve 
~ : of nationalism in Malaysia, 

tin 1 . Th® Malaysian cabinet will meet 

! in Kuala Lumpur on Saturday to 
IT • decide how the government should 
, ( respond, after a number of minis- 
, ten. asserted that Mr. Keating had 
JL . * failed to show he was sorry. 

"TT. Some Malaysian officials are 

w calling for tough economic sane- 

{ lions against Australia and a down- 
grading of diplomatic relations, 
fo; ‘The cabinet decision could have 

fu. far-reaching effects on the bilateral 

erw relations between the two coun- 

m| tries.'' Abdullah Ahmad Badawi. 

Gi the Malaysian foreign minister, 

p^a. .warned. 

Analysis said that while Malay- 
sia appeared to be overreacting. 
Mr. Keating's intemperate com- 
ment had enabled Mr. Mahathir to 
rally support following party elec- 
tions in which he was reported to 
have lost ground to younger lead- 
ers. 

Clive Kessler, a professor in the 
Asian studies center at the Univer- 
sity of New South Wales in Sydney. 
iaid the incident had also given Mr. 
Mahathir an opportunity to divert 
attention from his miscalculation 
vn boycotting the forum meeting, a 
deciMon that left Malaysia virtually 
isolated in the region. 

Eien Malaysian critics and op- 
ponents of Mr. Mahathir — who 
has offended some of his Asian 
neighbors and many Western na- 
tions with his own abrasive con- 
duct in the past — have rallied 
behind him on this occasion, sug- 


gesting -that Malaysian national 
pride is at stake. 

Musa Hitam, a former deputy 
prime minister who resigned some 
years ago after clashing with Mr. 
Mahathir, said that Mr. Keatings 
behavior was “quite symptomatic 
of how insensitive Australians are” 
toward Asia as iL seeks to develop 
closer economic, political and secu- 
rity lies with the region. 

Official relations between Ma- 


NEWS ANALYSIS 


laysia and Australia have deterio- 
rated sharply in recent days. 

But Australia insisted Tuesday 
that there was nothing more it 
could do to settle the dispute fol- 
lowing a letter sent by Mr. Keating 
to Mr. Mahathir last week. The text 
has not been published. 

Gareth Evans, Australia's for- 
eign minister, said in Parliament 
that the Malaysian prime minister 
had been told that no offense was 
intended. 

“We can't state it any more 
clearly than that,” he added. 

Najib Razak, the Malaysian de- 
fense minister, earlier said that it 
might end all arms deals with Aus- 
tralia unless Mr. Keating “explicit- 
ly showed repentance." 

Such a ban would predude Aus- 
tralia from winning a contract to 
build 27 offshore patrol vessels for 
Malaysia. 

Malaysian officials said that the 
Australian company had put in a 
strong bid for the contract, which 
would be worth about SI.6 billion. 

Mr. Najib said that the Five 
Power Defease Arrangements, un- 
der which the armed forces of Aus- 
tralia. Britain, New Zealand. Ma- 
laysia and Singapore exercise 
together regularly, would not be 
affected by sanctions against Aus- 
tralia. 

He said that these arrangements 
were “in the interest of the whole 
region" and “cannot be compro- 
mised simply because we have bi- 
lateral problems." 



RED STAR OVER CHINA — A vista* making bis nay down after having inspected 
Russian-built B-I4 that was used by the Chinese leader for inspection trips in " 
flotilla that is non on display at an aviation museum near “ ' ’ " 


Gn«ari»nvci 

one of Mao Zedong's favorite airplanes, a 
(he 1 1950s. The plane is Jone of three of Mao’s private 

oo Dec 2 , 1893. 


Pro-Aninud Campaign 
Sets Sights on France 
And Its Foie Gras Trade 




Beijing Raises the Stakes on Hong Kong 


Compiled by Our Sv& From Dispatches 

HONG KONG — China will start discus- 
sions this week on the formation of a Hong 
Kong legislature in 1997 that would replace any 
such assembly elected under a disputed British 
plan for political reform in the colony, a Beij- 
ing-appointed adviser said Tuesday. 

The disclosure by the adviser, Professor Lao 
Siu-kai, is seen as China's first concrete coun- 
termove in a showdown with Britain over plans 
for broadening democracy in Hong Kong. 

Britain has sought Chinese assurances that 
legislators elected- in 1995 can serve out their 
four-year terms beyond Hong Kong's transfer 
to Chinese sovereignty in 1997. 

But Professor Lau said C hina would give 
such an assurance only if Britain and China 
agreed on bow the 1995 elections would be 
conducted. “That doesn’t seem very likely at 
the moment." be said in a telephone interview. 

Professor Lau said a China-appointed com- 
mittee to which he belongs would meet Thurs- 
day through Saturday in Beijing to discuss a 
new legislature. 


A 17th round of Chinese-British talks col- 
lapsed late last month without resolving the 
dispute. Beijing has so far left unanswered 
Britain's offer for an 18th round of talks focus- 
ing just cm Hong Kong's political future. 

A separate set of meetings, involving the 
Joint Liaison Group, opened- in London on 
Tuesday as scheduled. The liaison group, in- 
cluding Chinese and British officials, was set up 
to ensure a smooth handover in 1997 and en- 
compasses issues from trade and air traffic to 
military arrangements. 

Professor Lau, a sociologist at Hong Kong's 
Chinese University, said that without agree- 
ment, Hong Kong would have no legislature (or 
the first three to six months of Chinese rule, 
until new elections are held. ■■ 

“The Chinese side will concentrate on the 
budding of a new -government and gaming 
public support for the new regime," he said. 

Last week, saying that negotiations with Chi- 
na were fruitless, unis Patten, the British gov- 
ernor of Hong Kong, announced he wodd 



unilaterally introduce some of the reform plans 
he un veiled 14 months ago. 

That move, Professor Lau said, meant China 
could no longer count on British cooperation in 
the transfer of power. 

He said his committee would begin formal 
planning for the 1997 elections if Mr. Patten 
submits his proposals for approval in the legis- 
lature later this month. 

., China’s Preparatory Work Committee, com- 
prising 57 Chinese and Hong Kong public fig- 
ures, was formed to prepare for 1997. It is led 
by Foreign Minister Qian Qichen. 

Hong Kong media said President Jiang Zes 
min would address the group when it meets in 
£a Great Hall of the People, 
r. Patten plans to submit a partial bill bn 
.Dec. 15 that would lower the voting age' to 18, 
abolish appointed local council seats and sim- 
plify the voting system in 1994 and 1995 elec- 
tions, the last before the Chinese takeover. 

China has guaranteed to maintain Hang 
.Kong’s autonomy for 50 years after 1997, but 
says Mr. Patten's plans violate accords on the 
colony. . (AP, Reuters) 




By Bany James. 

' International Herald Tribune 

PARIS—An American animal- 
rjgfats group took its campaign to. 
me streets of Paris on Tuesday to 
molest what it says is cruelty in 
Fiance: 

For French farmers, this was oik 
more piece of bad news. First 
GATT, and now an American-led 
attack on the foie gras trade, which 
the Washington-based People for 
the Ethical Treatment of Animals 
has 1 announced as its next priority. 

PETA encourages its members 
to be vegetarians and said it would 
also oppose batteiy hen production 
and other intensive fanning tech- 
niques in France, as well as waging . 
war on animal 'experimentation by 

perfume companies. . . 

The action on Tuesday at the 
headquarters of French Vogue 
magazine came after a gmtflflr ac- 
tion against the publication’s New ' 
York headquarters two months 
ago. 

At issue is the magazine's refusal 
to accept ads by PETA, while ac- 
cepting them from furriers. 

“Our money is good," said Dan 
Matthews, PETA s international 
campaign director. “We think we 
have a right to an equal hearing." 

In New York, PETA plastered 
Vogue's chic offices with stidnxs 
and yelled slogans for 45 "ittmteg 
before the police arrived. The Paris 
police were dearly better informed’ 
than their New York colleagues. 
They had the. Vogue offices cor- 
doned off even before the demon- 
strators arrived. It was also raining, 
which damped the spirit of the oc- 
casion. 

Nevertheless, seven young wom- 
en — dressed in tatty furs soaked in 
red paint, and chanting “Hdp!" — 
tried valiantly but unsuccessfully 
to get aver, under and between the 
19 policemen guarding the budd- 
ing. 

Finally, they gave up aadwenl to 
tiedown iii toe road in front of the 
National" Assembly.- The police 
gave them a few mmoles, that 
hauled them into a van and drove 
off. The women, two Americans, a 
Briton and five Frdich, were taken 
to a nearby police station for ques- 
tioning. 

• “Excdlent,” said Mr. Matthews 


as he surveyed PETA’s first street 
theater action in France. 

• Mr. Matthews said PETA had 
' 406.000 members in the United 
-States, was p lanning to extend 
throughout Europe where. h e said* 
the need , is greaL He said PETA 
'was the largest animal-rights group 
in the wold and also acted as an 
umbrella for. organizations like 
Fnmce’s National Society for (he 
Ddcose of Animals. 

PETA has also set up offices in 
London, Hamburg and Amster- 
dam, where activists plan to march 
nnWirt through the sty’s Christmas 
marker mi Thursday wearing Santa 
hats and carrying a sign reading. 
“We would rather go naked than 
wear fur." 

The animal -rights movement 
dearly faces an uphill struggle in 
weanuig the French away from one 
of their favorite delicacies, foie 
gras, which is made by force-feed- 
ing geese until their livers swell. 

“Bat we have to start some- 
where," said Sandra Gabridlini. an 
American married to a Frenchman, 
who was handing out leaflets show- 
ing a furry animal caught in a hunt- 
er’s trap. 


Arafat Begins 
Talks in Bonn 

Agence Fnmce-Presse 

BONN — The Palestine Libera- 
tion Organization leader, Yasser 
Arafat, arrived Tuesday amid tight 
security for his first official visit to 
Germany at a critical time for the 
Middle East peace process. 

Dources said security was on a 
level accorded heads of state or 
government. Mr. Arafat was not 
received with mflhaiy honors or 

K ed by Chancellor Helmut 
on arrival, but he was staying 
at (be Petersbog residence near 
Bonn reserved for important state 

glK-S tS. 

He was b eginning his talks with 
Foreign Minuter Klaus Kinkd and 
then meeting with Arab ambassa- 
dors before seeing Mr. Kohl and 
playing host at a reception. 




u- 


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er 



ay No 


/tad ) era 

LONDON — Speculation increased in Britain 
on Tuesday about whether Prince Charles will 
become king after revelations of high-level church 
opposition to his accession if allegations of marital 
infidelity prove tree. 

In an unusually blunt public statement, a senior 
Church of England figure publicly cast doubtoo- 
the prince’s fitness to be crowned long if he had, in ■ 
fact, broken his marriage vows. 

The archdeacon of York, the Venerable George 
Austin, said in a BBC interview that if press 
reports of the prince & relationship with Camilla 
Parker Bowles, his old girlfriend, were true, “How 
can he then go into Westminster Abbey, and take 
the coronation vowsT 

His comments drew tire Church of England 
deeper into the debate surrounding Prince Charles 
and his stormy 12-year marriage to Diana, Princess 
of- Wales. 


The Sun newspaper said the church's spiritual 
leader, the- Archbishop of Canterbury, George 
Carey, was pressing for the heir apparent to. re- 
nounce the throne In favor of his son. Prince 
William. 

But its report was swiftly denied by. Archbishop 
Carey’s office. Archdeacon Austin later added fuel 
to the fire, however, by saying that although be 
’ doubted the arch bishop was thmiring along those 
lines “at tins stage," he might well do so as the 
question of the succession comes closer. 

As king. Prince Charles, 45, would become head 
of the Church of_ England and defender of the 
Anglican faith, which preaches that marriage vows 
are sacred. 

Speculation on the royal couple's future has 
increased since Princess Diana announced last 
week that die was retreating from public life from 
the end of the year. The couple separated last Dec. 
9. 





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People at the top read die Trib. 

No local bias. No national slant. No partisan viewpoint. 
Simply a balanced editing of the news 
for people with a stake in international affairs. 

INTERNATIONAL M 


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CSTERNATIONAL HERALD TRIBUNE, WEDNESDAY, DECEMBER 8, 1993 


Page 


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^ lack 
To the Peace Table 


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Assad Steady to End Boycott, 
January Resumption Is Seen 


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By John M. Goshko 

. ^pwto&Btr 

~ Syria is ready 
lo ojd ii$ boycott of the peace talks 
with Israd m Washington, and Seb- 

roary of State WantnM^ Christo- 
pbcr expects to announce a - farm. 


after he confess with President Ha- 
•j m Damascus on Thurs- 

aay, U.S. and Israeli sources said. 

H is not dear whether simply 
restoring talks will lead to any 
breakthroughs in the Syrian-IsraeU 
talks, which have been stalemated 
since the UJS.-sponsored peace 
process began in late 1991. 

But it would represent at least 



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ating table through a series of ges- 
tures that hold oat the promise of 
better relations between the United 
Slates and a country that long has 
been among the most anti-Western 
and and- Israeli Arab states. 

The outlines of the UJS. ap- 
. p roach began to emerge last week 
with suggestions that greater Syri- 
an flexibility toward thapw ^ talks 
eventually could lead to such marks 
of increased respectability in the 
West as a meeting between Mr. 
Assad and President BiD Clinton 
and to Syria’s removal from a U.S. 
list of coantries that aid. intema- 
lional terrorism. 

U.S. sources said that the first 
step in that directum likely would 
' come in the next few days with 
American permission for Kuwait to 
. resell three U_S.-made Boeing 727 
- commercial airliners to Syria. As a 
country on the t e rr oris m list, Syria 
normally would be barred from ac- 
. quiring US. equipment ffatt. migh t 
‘ have military applications. 

The soaroes said that the admin-, 
istratkm was willing to grant an 
l exception for the 727s because their 
. potential for military use wasmsjg- 
;nificant. The officials stre 

* however, that Syria was not 
removed from the terrorism list j 

'* that all other pertinent USu sano- 
tions would continue to apply. 

• Mr. Assad, while giving no hint 
' that Syria might moderate the de- 
mands it was making from Israel, 
has responded with some unexpect- 
ed and significant conciliatory ges- 
tures. When Mr. Christopher to 
in Damascus on S anday, ihc Syri- 
ans told him that they would allow 
those Jews~still in Syria to obtain 


dose to acknowledging that both 
sttes were on the verge of reviving 
the Syrian-lsradi talks. 

“The only question is what will 
be the timetable when these negoti- 
ations win be resumed, ” the Israeli 
leader said. “And the secretary 
mentioned that there is something 
that can be readied in tenuis of the 
tuning, and be will announce it 
toward the end- of his visit in tire 
area." ■ 

“ The talks have been in recess 
since September, when Mr. Assad, 
angered by Israel's separate agree- 
ment with the Palestine liberation 
Organization, declared that Syria 

Israel declared its willingness to 
withdraw from the Golan Heights, 
captured from Syria in 1967. 

Mr.- Rabin, for his part, indicat- 
ed that he would prefer a parse in 
the Syria talks while his govern- 
ment concentrated on ixnpkmeni- 
ing its agreement with (he FLO to 
.withdraw Israeli' troops from the 
Gaza Strip and the West Bank 
town of Jericho. The withdrawal is 
supposed to begin Monday, al- 
though violent opposition from ex- 
tremists on both sides has cansed 
numerous deaths ance September. 

' Hie United Stales is anxious to 


In Nobel Lecture, Morrison Denounces Oppressive Language 


By Eugene Robinson 

IttuAugian Post Service 

STOCKHOLM — Toni Morrison, the first black 
American to receive the Nobel Prize in Literature, 
spoke Tuesday of the ability of language to oppress 
and empower as she delivered her Nobd lecture to a 
packed house in the Grand Hall of the Swedish 
Academy. 

“Oppressive language does more than represent 
violence, h is violence; docs more than represent the 
limits of knowledge, it limits knowledge,’' Ms. Mor- 
rison said. “Whether it is the malig n lan g ua ge of law- 
without-cthics, or language designed for tire es- 
trangement of minorities, biding its racist plunder in 
its literary cheek, it must be ngected altered and 
exposed." 

She equated language with existence itself. "We 
die,” she said. “That may be the meaning of our 
lives. Bui we do language. Thai may be the measure 
of our lives." 

The lecture was one of the highlights of a week of 
events for the 62-year-old novelist and Princeton 
University professor. On Friday, she and this year’s 
other Nobd winners will receive their prizes and 
then be honored at a dinner ax Stockholm's dry hall 


Ms. Morrison was given a standing ovation before 
she began ha lecture on Tuesday evenin g and anoth- 
er when she finished. In between, she spoke meta- 
phorically. and at times more directly, about the 
power she finds in the written and spoken word. 

“Fiction has never been entertainment for me." 
she said. “It is the work I have done for most of mv 
adult life." 

The choice of Ms. Morrison for the Nobel general- 
ly won warm praise, but a lew writers groused that it 
had less fo do with merit than “political correct- 
ness." 

On Tuesday. Ms. Morrison offered uhat could be 
read as a spirited defense of the view that words are 
weapons, often used by the strong against the weak. 

The lecture took the form of a meditation on a folk 
tale; An old, blind woman lives on the outskirts of 
town. Some children decide to play a trick on ha. 
One of them says he has a bird in bis hand, and asks 
ha to tell him if it is living or dead. The woman is 
sifem for a long ting, then finally savs: “I don't 
know whether the bird you arc holding is dead or 
alive, but what I do know is that it is in your hands. It 
is in your hands." 

The bird. Ms. Morrison said, can be read as a 
metaphor for language itself. And a dead language is 


not only one no Ionga in use. but also one unrecep- 
tive to new speakers, new ways of speaking and new 
ideas —■‘statist language, censored and censoring." 

Words can be used to “sanction ignorance and 
preserve privilege" she said, to provide “shelter for 
despots,” tocreate "menace ana subjugation." There 
is "diplomatic language to countenance rape, tor- 
ture, assassination.” and "seductive, mutant lan- 
guage designed to throttle women, to pack their 
throats like pate-producing geese with their own 
unsayable. transgressive words." 

“Underneath the eloquence, the glamour, the 
scholarly associations, however sliming or seductive, 
the heart of such language is languishing, or perhaps 
not beating at all. if the bird is already dead." 

But despite its power, she said. language is not a 
substitute for experience, but rather "arcs toward the 
place where meaning might lie." 

At the end of Ms. Morrison's folk tale, the chil- 
dren who have come to taunt the blind woman react 
to ha gnomic answer by telling a story of thei r own. 
The point is that they have approached the encoun- 
ter speaking difTerem languages and aid up telling a 
narrative together. 

The author of six novels. Ms. Morrison is best 


known for two books. "Song of Solomon" and 
“Beloved." In awarding the prize, the Swedish Acad- 
emy praised ha work as being "characterized by 
visionary force and poetic impact" adding that it 
“gives life to an essential aspect of American reali- 
ty." 

' The prize, first given in 1901. is worth 5825.000 
this year. Ms. Morrison is the eighth woman to win. 
Black American writers like James Baldwin. Richard 
Wright and Ralph Ellison were never honored. 

The daughter of sharecroppers, Ms. Morrison was 
bom Chloe Anthony Wofford. She attended How- 
ard University and Cornell University, where she 
received a M A. in American literature. She married, 
had two sons and divorced, and began writing fic- 
tion when she was working as a bode editor in New 
York. 

When “Beloved" failed to win a National Book 
Award, four dozen black writers wrote a statement 
of protest. The book was lata awarded a Pulitzer 
Prize. 

Ms. Morrison's work has drawn some criticism for 
wh3t some call excessively negative portrayals of 
black men. Bui on Tuesday there was no controver- 
sy. Ms. Morrison paused and smiled broadly as she 
surveyed her rapi audience. The fairy tale was bers. 


SHIFT: 

White Bide Ends 


Coodnaed from Page I 

accept a loan of nearly $800 millkm 
from the International Monetary 
Fund fra- balance-of-paymenl relief 
from drought-related debt. 

The government and the ANC- 
led liberation forces also agreed in 


principle this week on an amnesty 
for aid 


\ those who committed politi- 


gel the Syrian-Isradi track moving cal crimes during the apartheid era. 

The parliament elected next year 


The secretary of slate said that it 
was. “entirely ap p ro pr iate" ih.n 
Mr. Rabin “give priority to moving 

forward” on the Gaza and Jericho 
withdrawals. .... 

“But the United States is com- 


wDl determine the cutoff date. 

The rightist protest outside of 
Pretoria was a “symbolic act of 
resistance" against the inaugura- 
tion of the council according to 
leaders of the Pretoria Boa 


ratted to a comprehensive solution mando, the group that took ova 


in tins region, he added. “We’re 
committed to the idea of all tracks 
moving, perhaps not at the same 
pace, bat nevertheless moving to- 
ward the same resolution of peace 
in the area." • . 

. .The sources said. Mr. Qnisto- 
pber had wen Mr. Rabin’s agree- 
ment to go along with the UJ5. 
desire for a new push on the Syrian 
track. Bat they were unable to say 
whetiKr Mr. Rabin wodd move 
from his staled position that Israd 
would agree to a partial withdrawal 
from the Golan, but only after Syr- 
ia announces its willingness to 
make fiill peace with 


the fort-museum early Tuesday. 
Defense forces surrounded the 
structure and cut off water and 
electricity, and negotiations to end 
the standoff continued. 

The transitional council will 
have subcouncils to deal with de- 
fease, intelligence, law and order, 
women’s issues, finance, foreign af- 
fairs, local government and tradi- 
tional leaders. 

It is supposed to establish a mul- 
tiparty peacekeeping fare to guard 
against intimidation daring the 
clarion raunpmgn, but there are 
doubts whether such a force will get 
off the ground in time for the vote. 



U.S. Lists 
2 Goals for 
Koreans 




The Aiwutcd Pitta. 


A rightist taking aim Tuesday in a Boer War museun site near Pretoria. He is one of 30 oooqrying the fort to protest the new council. 


BLACKS: Will South Africa Be Able to Salvage Its Embittered Youths? 


Continued from Page 1 
witnesses testify. The consensus 
among these young people is that 
Amy Biehl was at fault for coming 
where she was not wanted, and that 
the white courts have no right to 
judge the accused. 

The death is now part of the 
community lore. Residents call the 
slain woman Amy. Without being 


asked, they w01 point out the spot 
where she was killed. 

"It's the whole country, it's not 
only the few children," said Wowo 
Nofemda, 47, whose 22-year-old 
son, Mzikhona, is one of those on 
trial. "The environment is not 
right.” 

Gugulew’s bleak environment 
has rapidly deteriorated under the 


exit pernrils by the end of this 
atklheyalsdi """ 


Don’t Free Spy, Clinton Advisers Urge 


iU,--" 

W:-. 
*». "** 

• ■■ 

& •-* • 


month. They also offered to assist a 
U.S. congressional investigating, 
team that is seeking to determine 
the fate of seven Israeli soldiers 
mi s sin g in Lebanon since the 
1980s. 

Mr. Christopher- declined to ■ 
comment Itasday bri the state of 
play with Syria, ami the sources 
said that some small problems still 
must be resolved when the sccre-- 
lary goesto Damascus. 

V But Prime Minister Yitzhak Ra- 
• bin, in remarks to. reporters, came 


By David Johnston 

New York Tima Service 

WASHINGTON — President 
BQI Cfintan’s advisers .are recom- 
mending that he reject . an appeal 
■for clemency by Jonathan Jay. Pol- 
lard, an Amencair Jew -'who was 
convicted of spying fra Israd in 
1987 and sentenced to life in pris- 
on, according to American, offi- 
cials. 


Goals said it appeared unlikely that 
Mr. Clinton would shorten Mr. 
PoOard’s sentence despite an in- 
tense lobbying campaign by Amer- 
fa personal plea 


an outpouring of protest to reports 
of rejecting clemency could alter 
his decision. 


to Ml Clinton last month by Prime 
Minister Yitzhak Raimi of Israd. 


Faced with sofidifyn® oppbsi- 


But these officials were cautious 
about predicting Mr. Oin ton’s ac- 
tion in exercising what is solely a 
presidential power to grant demen- 
cy. Urey emphasized that he had 


Mr. Pollard was employed as a 
intelligence analyst fra tire U.S. 
Navy and was jiaid thousands of 
dollars for spying on the United 
States. Some supporters of Mr. Pol- 
lard said tire administration had 


quietly floated alternative choices 
fra the 


tire president. 

Under rare proposal Mr. Clin- 


tinn within thfe adminis tration, of- yet to make up his mind and that ■ ton could commute Mr. Pollard’s 


- 

r*- 

1 


/ , 
* t 


a 

t: ’Vf 


f i 



sentence, but only on tire condition 
that he serve tire nearly two years 
remaining before he is eligible for 

G role. Another proposal would 
ve Mr. Clinton merely hint that 
he might act favorably sometime in 
tbe'future. ' 

The emotional case has trapped 
Mr. Clinton between seemingly ir- 
reconcilable forces; Israel and 
some American Jewish groups on 
one side and American prosecutors 
and intelligence officials on the 
other. 

“This was largest physical com- 
promise of United States classified 
information in the 20th cauury” 
said Joseph E. di Genova, a former 
U.S. attorney who prosecuted tire 
espionage case 


migration of rural poor seeking 
work. The original dreary blocks of 
tiny homes have been swamped by 
squatta shacks, muddy warrens of 
smoke-stained sheds. 

To Mr. Nofomela, a grounds- 
keeper, the miracle is that Mzik- 
hona is the first of his six children 
to get in trouble. They grew up 
without playgrounds, often with- 
out shoes. Four are now adults, and 
jobless. 

For all his suffering, though, Mr. 
Nofomela defers to whites; his chil- 
dren do iiol 

“Our parents, they are cowards 
for the Boer," said Linda 
Mayekiso, 21, the girlfriend of 
Mzikhona Nofomela and, like the 
arrested man, an ardent Pan- Afri- 
canist. “The youth are not scared, 
and they have power." 

Besides, she said, the adults had 
jobs to lose, however poor. Die 
young have nothing to lose, even 
prospects. 

The militant leaders who provide 
the political vocabulary for the an- 
ger say they discourage racial ha- 
tred by delicately avoiding the 
word “white" and describing the 
enemy as “settlers." or “oppres- 
sors." But they concede that such 
distinctions are often lost on tire 
streets. 

As tire apartheid harriers erode. 


familiarity seems to breed only 
more resentment. 

Vusumzi Noge. an 1 1th grader 
who iransfemxfdiis year to a newly 
integrated school in the prosperous 
white suburb of Mowbray, said he 
was heartbroken and wrathful to 
see the libraries and laboratories 
unimaginab le in Guguletu. To tile 
snubs of white students, he re- 
sponded with steely defiance. 

“I don’t care." he said. "Because 
it’s not their land, it's our land. It's 
all our land." 

Among the angry young, the 
scheduling of the first free elections 
has not diminish ed the bitterness. 

Some expea a quick and chilling 
diaUusionment 

“It's going to get worse, because 
each ana everybody, they have got 
visions." said Martha HoEobo. 23. 
who runs a fruit stall at the edge of 
one of the squatta camps. “People 
think freedom means they will all 
move to the rich houses in Mow- 
bray. and the Mutes in Mowbray 
will move here.” 

Nelson Mandela, tire African 
National Congress leader, has 
sought to dampen dreams of sud- 
den economic equably. The Pan- 
Africanists encourage such hopes 
as a birthright. 


RICE: Japan Will Open Its Market 


Coatmoed fron Page 1 
cal reform tail by the end of the 
year, and fired his defense minister 
for speaking openly about amend- 
ing the constitution. 

“This has not been our finest few 
days," one of his political opera- 
tives said. Bui industrialists, who 
have long called for dismantling 
tire rice looby, were clearly ecstatic. 

Given tire obvious political sen- 
sitivities, Mr. Hosokawa’s govern- 
ment has carefully stage-managed 
the rice debate for months. It wait- 
ed until tire last possible moment to 
agree to the opening of tire market 
so that it would appear that Japan 
was cornered by its trading part- 
ners. 

Government leaders publicly in- 
sisted they would never open tire 
market, while preparing the 


groundwork by hinting that open- 
arket was inevitable. 


Bank town 


NuHnt/TleAaramdPiai 

dam Monday in the West 

'-rote. 


mg of the market 
The draft accord that was “sent” 
to Japan by negotiators in Geneva, 
who were arguing ova the last 
changes to tire General Agreement 


SE4.CE: Telescope Receives an Exotic New Set of Eyes 





I'*!!. 




doors in the telescope's outer hnlL Engnreers had expressed fears 
. , - Eariy Tuesday morning. Jeffrey earlier that after the wear and tear 

■ Thornton and Tom Akers F^amred ^ m( j stray Mnsgrave of more than three years in orbit, 

- to step out of the ttdockfarihc had made the whole operation took there might be loose or bemtnaten- 

* fin^l optical fix before 11 ffirrV easy, smoothly sliding a replace- al, or other obstructions, that 

' Tuesday (0400 GMT Wednesday). - t cavity in would complicate or even prevent 

By thi the telescope was to ^telescope. 

have been rotated 90 degrees onits Tbeft^director, M3t Heflin, 
turntable to expose the darswora not only the crew but also 

site on its savoy flank. telescope, with its 

replaceable modular components, 
handrails ' and bolts designed to 
maic with power tools. 

In addition to moving the mas- 
sive camera with fingertip prea- 


they woe senea- 

e tie teJesrapes 
rumen t. a High 


next few hours, 
uled to remove 

least-used instrument, 

Speed Photometer, to tesla iroom 
taCostar -the Con^e Oph« 
Space Telescope Axial Repla»- 


the installation of (he new instru- 
ments. 

The new camera, first proposed 
m 2984, was intended to upgrade 
the telescope with sute-of-the-art 
equipment just as observatories on 
the ground do. When the Hubble 
Haw was discovered after its 1990 


"'Ca proceto X 


, _ . - . launch, the corrective optics were 

son, the pair spent a Jot of nine incorporated as wefl, bringing the 
□sing the power radret tool count- camera’s total cost to S101 motion. 


tug the required number of turns 


ill a uiuvwvw*- mg low u . — 

used to install the new camera the ^ jond on every bdt “Five turns 

previous monrink tirey were^. “ to the hard stop. O.K, i ca ^ fce | 


ibu** c 


nrevllHU -T UJ.hUC UOtv 7 

Side the massive box ontoginde engagcd-Ster^-to slip.al 

Sis and - like » huge vertical aboul 5W turns." Mr. Hoffman sard 




in a typical exdiange. 10 


typical ex 

pilot Kenneth Bcwereox, 
the robot arm with Mr. 
on iU “Up a f°° L S,on 


Die pair 


Tire Hobble chief scientist, Ed 
Wdkr, called the camera installa- 
tion “a giant leap" fra astronomers 
around the world. *T think we all 
had wet palms watching the astro- 
nauts WOT.” 

Following the work on the cam- 
. era, Mr^Musgrave and Mr.. Hoff- 


amazement ‘ manscaled thebogfat of LheHub- 


*013084 8585 


when they got their fin* took into 
the cavity left by the «d camera. 

“It’s really beautiful in here, 
said Mr. Mnsgrave. “Looks like a 
brand new telescope where. 


We, riding as high as the robot arm 
could cany them, to install new 
magnetometers. These devices en- 
able the telescope to orient itself 
based od Earth’s magnetic field. 


French Assembly Votes 
To Lift Topic’s Immunity 


Ream 


PARIS — The French National Assembly voted Tuesday to Hft 

of Bernard Tapie, a businessman 


the immunity from prosecution 
turned politician, framer minister and soccer team owner. 

Mr. Tapie is under investigation by a magistrate for alleged 
financial irregularities at the Testni weighing machine firm that 
belongs to his holding company, Bernard Tapie Finance. 

A forma m a n a ge r of the company has accused Mr. Tapie, 
chairman of tire European soccer champions, Olympiquc Marseille, 
of borrowing money m Testul’s name to boy soccer stars. 

The assembly voted, 432 to 72, to hft the immunity of Mr. Tapie. a 
favorite of President Francos Mitterrand’s. 

. The assembly will soon hear a separate application by another 
judge to lift Mr. Tapie’s immunity over an attempt by'Marseille 
officials to bribe soccer opponents to lose a key league match in May. 
Mr. Tapie has denied wrongdoing. 

“This assembfy is asked to cast the first stone at me," Mr. Tapie 
said. “And this will allow others to throw bigger, heavier stones, 
perhaps at me, but perhaps they will also frit some of you." 

He did not carry out an earlier threat to expose corruption in 
politics when he defended himsdf in the lower house where he saves 
as a deputy from the Boudres-du-Rbdne district of Marseille. 

Mr. Mitterrand appointed Mr. Tapie minister of urban affairs in 
April last year. The saf-made millionaire was forced to resign seven 
weeks lata after being indicted fra fraud ova a buaness mspwe. 

He returned to the cabinet In Decemba after tire charges were 
j j .... .was routed in 


on Tariffs and Trade, was actually 
worked out by Japan and the Unit- 
ed States several weeks ago. 

Thus it was no surprise when the 
foreign minister, Tsutomu Haia. 
made it clear that Japan would not 
press for further changes in a draft 
agreement that postpones placing 
tariffs on imported rice for six 
years, but requires Japan to import 
at least 4 to 8 percent of the rice it 
consumes each year, or 3.6 million 
tons of foreign rice during that pe- 
riod 

“This proposal is virtually the 
final one,” Mr. Haia said not men- 
tioning that the deal already had 
been worked out. To ease the way. 
the finan ce minister. Hirohisa Fu- 
ji], hinted that the government 
would compensate Tanners who are 
hurt by tire new trade rules. 

Though the rice opening has 
been a contentious issue between 
Japan and the United States Tor 
years, soaking up thousands of 
hours of negotiations, the Ameri- 
can agricultural industry is unlikely 
to benefit greatly. 

A relatively small segment of 
American rice fanners, mostly in 
California and Arkansas, grow tire 
short-grain rice eaten here. The 
bulk of tire imports mil likely come 
from Thailand and China. 

Mr. Hosokawa was not the only 
one attempting to weather a politi- 
cal storm generated by last-minute 
concessions for a new trade agree- 
ment, called tire Uruguay round of 
the Genera] Agreement on Tariffs 
and Trade. 

In South Korea, which also has a 
highly protected rice market, farm- 
ers and politicians took to the 
streets when it became clear that 
President Kim Young Sam had se- 
cretly agreed to a deal almost iden- 
tical to Japan's. More than 30,000 
protesters gathered in front of the 
main railroad station in Seoul and 
there were violent clashes as thou- 
sands surged toward the U J. Em- 
bassy carrying signs condemning 
tire United States fra bringing min 
to the country’s 5.7 mDlion farm- 
ers. 

Indeed, among millions of South 
Koreans, the emotional rice issue 
has completely overshadowed any 
discussion or gratitude for Ameri- 
can efforts to force North Korea, 
tire Smith's enemy for four decades, 
to give up its nuclear weapons pro- 
gram. 


Rate the world's best restaurants 
with Patricia Wells. 


The EHT's restaurant critic has set out 
an a rare and ambitious gastronomic journey, a 
search for the 10 best restaurants in the wood. 

Sbe will be rating, in month- to-raomh 
articles, die top restaurants from region to 
region, and comparing them to one another. 

Whether it's die best in dim sum, 
delicious bur secret sushi bars or the finest erf 
French tables, she will guide readers with 
articles about inexpensive restaurants as well 
as the grand ones in the world's major dues. 

She will also share her tips on how to select 

quality restaurants in unfamiliar territory. 

Don’t miss tins series. 



COMING DECEMBER 13th 
UNITED STATES 


PacnLu Wells ■> ihc juthm iri The FouJ 
Uwa'* Cu ule !>• fiins. »iw in iis 
thin! ediuun. 


Dining Ont 


AMSTERDAM 

PARIS 7th 

BRASSEREDEROODELEEUW 

% 

Don«i9394 ArndtHe* 

OMGMAL DUTCH CUISME 

lindi/Kmcr. pvr 12 noonJOpm. 

TeL’ (20) 555060ft d rojorce. occapMct 

THOUMIEUX 

Spectallries of Ihe South-West. Confil de 
xonord & couai id Du conti de caved. Air 
candMened. Open everyday und midnight, 

79 tvh St.Oorani^*- Tel.: |I) 47.05.4975. 
Not bwddos Tenriral. 

PARIS tSth 

HAE5JE CLAES 

Red Dutch Cooking. Open From lunch urt 
midnigk Spuiaod 275. 

M; 624 9798. fEaavafanj ramftinaidbtf. 

Al mpfjr cjkSi cari. 

LETOUDE PARIS 

Darrc fbrtcj ovuy Saturday ngFr 

Javng oi B pjn. wd, gcneuiwnifc seo- 
bod b>fe and Ihe musk at la Text de 

Pah on fa 1 0* loot of fa hod bo 

kring o gslendid view el fa cSyand 

faBfeTwW. 

fi 295 bti buBci and donaig. 

Paris Hhan 18, aw. 5uSren. U: 4273.92.00. 

MHJUr-5W-5BW 

JARRA55E 

Fish mdoilka. Private wm Owd Sunday 
evening. 4. avenue de Madrid Tet-'- 
46.24iF.56. Fax: 40 J8.35.60. 

ROME 

nuts hi 

DAMEOPATACCA 

TidBCvtffl. Red. famous far bn bod, rrwae & 
Ukre. 00(53 Some, Kaz.91 Foe 582S5Z 

CARR'S **** 

RESTAURANT BAR 

FrencWWi amine. Weekend bn»vh 75F. 

CASTS BAii 15 NEVHFAt- ■ 
W du Mart TVobor. Tel 42.6060.26. ' 

nvu 

KERVANSARAY 

Turiidi A bill specieJKm, lobster bar. best 
seobad restaur an). Id floor. Mahterdr.9. 
Td : 5128843. Air concbsned. 80m. Opera. 
Nbon3 pj«. A 6 pm- lam, anpt Sunday. 
Open holidays 

MRS Oh 

YUGARAJ 

HtJed o t fa bml heten ledoutrt in France 
by fa boding glides fair oonAunedl. 14. n* 








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lies: 

ects 

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Complied by Our Siaff Fran Dtspaidus 

WASHINGTON — President 
Bill Clinton discussed North Ko- 
rea's Lnest proposal on nuclear in- 
spections Tuesday with President 
Kim Young Sam of South Korea in 
preparation for a new meeting be- 
tween American and North Korean 
diplomats. 

The two leaders “agreed on the 
objectives." according to the White 
House press secretary. Dee Dee 
Myers. 

She said there were two immedi- 
ate goals: 

• North Korea must agree to in- 
spections of its nuclear power sites 
by (Jhe International Atomic Ena- 
gy Agency, a United Nations orga- 
nization. 

• The North must also agree to 
resume talks with South Korea on 
makin g the Korean Peninsula free 
of nuclear weapons. 

Mr. Clinton said Monday that be 
was “not entirely satisfied" with 
the North's offer to allow only lim- 
ited inspections of the nuclear in- 
stallations. 

“We want to see if we can 
achieve our objectives through ne- 
gotiations." a senior American offi- 
cial added. “This is a serious mat- 
ter. There is not a lot of time." 

At tire United Nations, where 
American and North Korean rep- 
resentatives have been conducting 
negotiations, an American diplo- 
mat said Tuesday that there would 
be anotirer meeting on the issue in 
New Yoik in the near future. 

At atomic energy agency head- 
quarters in Vienna, a spokesman, 
David Kyd, said North Korea was 
offering to permit unrestricted in- 
spection of five of the seven nuclear 
sites at Yongbyon. 

But at the other two sites, which 
tire agency and the United States 
consider to be the most important, 
the inspectors could only change 
batteries and film in monitoring 
cameras. fAp Afp) 


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USTERNATIONAL HERALD TRIBUNE, WEDNESDAY, DECEMBER 8, 1993 


Don Ameche, a Leading Man 
In Movie Musicals, Dies at 85 




HOUPHOUET -BOIGNY : Ivory Coast PresidentSince 1960 Dies. 


P:.: "*■ •■Wls'i s 


77; <■ AssiKiaied Fnnf 

SCOTTSDALE. Arizona — 
.Don Ameche. 85. the versatile 
i movie actor whose career spanned 

■ nearly six decades, died Monday of 

- prostate cancer. 

Mr. Ameche worked to the end. 
and in the first week of last month 
finished his part in "Corrina. Cor- 
r rina," a movie with Whoopi Gold- 
:berg and Ray Lioua. Mr. Ameche 

- plays a man whose son. Lioua, de- 
velops a relationship with a black 

: housekeeper in the late 1950s. 

. .L “All the way up until the day he 
died, he'd wake up m the middle of 
.-the 'night and say to me. 'What time 
i do 1 have to go to work? What time 
arc they picking me up?' " said his 
. soo. Don Jr., with whom he Lived, 
i THe just loved iu“ Mr. .Amec he's 
character dies in the movie. 

Already i radio star. Mr. 

■ Ameche made a smooth transition 
' to movies, beginning with “Sins of 

Man" in 1936. During 12 years at 
20th Century Fox. he appeared in 
musicals, comedies and dramas. 

When his film career faded in 

■ 1948. Mr. Ameche busied himself 
on Broadway in “Silk Stockings" 

■ and “Can Can" and later in touring 
musicals and dinner theater. His 


second film career began in 1983 
with “Trading Places." starring Ed- 
die Murphy and Dan Aykroyd. 

Two years later, he appeared in 
the fantasy “Cocoon." In which he 
played one of a group of Florida 
retirees who discover a fountain of 
youth creaLed by extraterrestrials. 
He won the Oscar os best support- 
ing actor. 

Mr. Ameche’s ebullience on 
screen contrasted with his personal 
modesty. When he received an 
Academy Award at 79 in 1986. he 
remarked, alluding to the Oscar: 
“For all you members of the acade- 
my. this esteemed gentleman says 
that you have given me your recog- 
nition. You’ve given to me your 
love. 1 hope that 1 have earned your 
respect.” 

He was bona Dominic Felix 
Amici in Kenosha. Wisconsin, to 
an Italian immigrant father and an 
Irish-German mother. His name 
was shortened to Don. and the 
spelling of his last name changed. 

Mr. Ameche was a star athlete 
and drama dub member at Colum- 
bia College in Dubuque, Iowa. He 
wanted to be a lawyer, but at the 
University of Wisconsin bis pas- 
sion for acting grew. His future was 


set when he replaced the leading 
man in a local stock company. 


Chicago radio was strong in the 
early 1930s, and he found steady 
work in such series as “Betty and 
Bo.” “Grand Hotel." and as “Mr. 
First Nighfer" on “The Little The- 
ater off Times Square.” 

He failed a screen test at MGM 
in 1935. 

“*1 saw it and hated iL" he said. 
“But then I found later that 1 hated 
everything 1 did." 

But an agent showed the test to 
Darryl Zanuck, chief of 20th Cen- 
tury Fox, and he made Mr. Ameche 
the busiest actor on the lot. 

He proved the ideal leading man 
for Loretta Young {“Ramona." 
“Love Under Fire”). Betty Grable 
{“Down Argentine Way." “Moon 
Over Miami") and especially Alice 
Faye |“In Old Chicago," “.Alexan- 
der’s Ragtime Band. “Hollywood 
Cavalcade”!. 

Mr. Zanuck cast him as Stephen 
Foster in “Swanee River" and as 
the telephone inventor in “The Sto- 
ry of Alexander Graham Bell." 

‘ Mr. .Ameche also starred oppo- 
site Claudette Colbert in the classic 
comedy “Midnight" in 1939. She 
played' a penniless American girl in 




Continued from Page 1 
Ivory Coast, he was elected a depu- 
ty to the French National Assem- 
bly. 

He gained a reputation by secur- 
ing abolition of the single most 
unpopular feature of colonial rule, 
a Labor law that allowed French 
planters to conscript workers from 
any village. Mr. Houpbouet- 


Boigny allied his party with a new 
regional movement called the Afri- 
can Democratic Rally. The rally, of 
which be was president, generally 
voted with the Communists in the 
French Assembly, but after they 
went into opposition in the late 
1940$, he broke off with them. 

By this time, however, be bad 
become feared by the French as a 


/ > : 


dangerous African nationalist, and 
in 1950, after an outbreak of anti- 
colonial violence in his territory, be 
was ordered arrested. He managed 
to dip away minutes before the 
police arrived at his home and was 
nevr imprisoned. 

But once independence for Ivory 
Coast was in sight, Mr. Hdu- 
phoufit-Boigay sought to continue 
close cooperation with Paris. In 
1956. Guy Moliei named him . a 
minister-delegate, the first African 
in a French cabinet. 

Ivory Coast became self-govern- 
ing within the French community 
in 1958, and Mr. HouphouSc- 
Boigny became prime minister in 
1959 and president of an indepen- 
dent Ivory Coast in I960. As in 


many African countries, he sought 

to keep all dissent under the um- 
brella of a angle party. He often 
gave opponents patronage jobs in- 
stead of jail sentences. Several half- 
hearted coup attempts in the early 
1960s were easily suppressed. 

In international relations, Mr. 
Houphou&i-Boigny often, went, 
against the grain in Afcka. In the 
late 1960s be supported the unsuc- 
cessful Biafran war of seccsa o n 
from Nigeria. He also occasionally 



PP' 


sought a dialogue with South Afri- 
ca- m 1973, however, he joined oth- 
er African nations in breaking off 
relations with Israel, ties not re- 
storedjmtfl 1985. ' 

In 1983, he realized a dream 
when Yamoussouko, Ins birthplace 
and the seat of the traditional chief r 
iaincy of the Baule ethnic group, 
was deagnaiad the country’s new 
capital by the ruling party as “an 
expression of gratitude from the 
country to the father of a nation." 

. Bui soon afterward, his populari- 
ty began to wane. His oft-repeated 
assertion that “not a single drop of 
blood has been spilled in his coun- 
try since Eve been president,” was 
conclusively disproved in the late 
1980s. Gvil unrest increased after a 
turn for the worse in the country’s 
economic fortunes. 

Mr. HouphouSt-Boigny was also 
widely criticized at home and 
abroad for his decision to build a 


Don Ameche made a comeback 
in the movies in die 1980s. 


Banda Resumes Malawi Leadership 


Paris who is befriended by Mr. 
Ameche. a taxi driver. 

He believed that his Hollywood 
slide began when he refused a 
three-year extension an bis Fox 
contract, but he remained active in 
television and theater until ‘Trad- 
ing Places” returned him movies. 

His other, later films include 
"Coming to America,” “Harry and 
the Hendersons.” and “Oscar.” 


BLANTYRE. Malawi (Reuters) — Malawi state radio said Tuesday 
that President Hastings Kamuzu Banda had resumed his duties that 
the three-man council that ruled while be recovered from brain surgery 
had been dissolved. 

A statement on the radio said that Mr. Banda, who is believed to be in 
his mid-90s, had a clean bill of health from his doctors to return to office. 

The Presidential Council was appointed in mid-October to govern 
while Mr. Banda recovered in Johannesburg from an operation to remove 
water on the brain. But it Tan into opposition from the National 
Consultative Council, a multiparty body set up to prepare for the first 
pluralist elections. When the army cracked down last week cm the Young 
Pioneers wing of the ruling Malawi Congress Party, the Consultative 
Council called on the Presidential Council to give up power. 


*?C:' ** . . v 





a '**■ -.»»;« . 



F6Kx Hoapboogf-Boigny, lead- 
er of Ivory Coast since 1968. 


£200 Ttriffi tm Roman Catholic ba- 
silica, Our Lady erf Peace of Ya- 
moussoukro, by some measures the 
world’s largest Christian church. 
He said it was bufli with his own 
money. 

At the time erf his death, he was 
the third-longes t-serving leader in 
the world, after Presidents Fidel 
Castro of Cuba and Kim D Song, 
the North Korean leader. 


BUSINESS MESSAGE CENTER 


READBtS ARE ADVISSt 

that the International 
Herald Tribune cannot be 
hold responsible for loa or 
damage* incurred a* a re- 
sult of transactions stem- 
ming from advertisement* 
whkh appear in our paper. 
H is thare/om recommend- 
ed that readers make ap- 
propriate inquiries before 
u niting any money or en- 
tering into any binding 
co mmit me nt s. 


I OGAJETTB FOR THE PAOfK HM 
Mine Amsxcn made Atofcora 
oaaerrei, Fa* 718^33-5^0 USA. 


HONG KONG/MUPPINESs 
EUROPE/ RUSSIA 


YOUR ENTRY TO TW SC 
rt TEC factory for sale 


TRANSLATIONS 


BUSINESS 

OPPORTUNITIES 


Buyra Mfing ogert wifi own 
offices m Hong Kong, Hilfppras. 


MALAGA. SPAIN. HwWy dried work 
fc<oe, pioduas to ISO sKnctords. sal- 
able fw e km Of el e ctronic ossemttes. 
FAX Dr. KaH Stoner 
Germany 4-49 89 280 3382 


and land offers wuremg, 

cainfav artroL a’pervmar o' 


We wun to enter into coanhve*dwve 
rocrafnaunng and nKxVMng kenec- 


Con r oOi for CV pniefrt-potrclfd range 
ri todusmed produch and consumables. 


quq&fy control, npervour o' 

j tt ne rf and povment. 

Fro Svnraertand (41) *5 232 2&W 
Fax Pht&ppinei (63126 332 U S3 
Fa* Hong Kong (B57J 452 67 38 


OFFSHORE BANCS 
bnrwfate cfeSvmy. US SI 5.000- up. 
Tek 44 071 394 S157. 


PROMOTIONAL RIMS, adv bra- 
dura. DCS. let Frcrxe iProwast 
3M42I 53 59 Faw 44 21 39 66 


Products are rand quafry and environ- 
ment related, wifhool hard uAng due 
to aud ROi. w*h automatic, effortless 
toMowr-vp odes 

This is a dead Knout long terra nfuv 


md cooperation proposal, not a fad 
mmey idea CWv jenous enquiries weh 
f-.HI certirv and complete company 
prefile -il be emwereri 

fax. +» 93 38 8? 01 


IMPORT/EXPORT 


SALES AGENTS WANTED 

For Europe's fircl Travel Ccrd «rwr 
ims up to 50% rfacoun) in 7 500 
Hot5s/le0 countries. tegh profit, 'ram- 
mum investment US52D00 to ICO cuds 
Many evens snS open for reoresenmon 
EUROPtAN T$AVB. NETWORK 
Dared 30.Nl 101 2 Ansterdan. 

Tel J120-622W7? Fa*. <>382271 


[ STOCK EXCHANGE 

Offshore Stock E x change corporation 
wah approvd in p o rripnl la plan of 
Operahote. Urvque investment opportu- 
ne CcntoO: Mr. Thomason of 



BUSINESS SERVICES 



FUNDS AVAILABLE 


FINANCIAL SERVICES 


ATTBrnON EXECUTIVES 


TO PURCHASE; 

'Lotto of Cm* 

‘ Bade Guarantees 


SECURITY AND 
SURVEILLANCE 


, 1 Other AcceuAle Colored 
* Backed by Pmute tovrafcn 
THRU MAJOR NTL BANKS 


PRIME BANK 


INIHNA1KWAL STRATEGY 


toi l Invest. Maud . (Bahamas] 

1 809-325-1 1267FAX ACT -322091 9 


FRB«CH COMPANY seeto 501 LEVI 
jeare. Ful mnfci ne ra wth attficBte of 
ongin tmd LTD 2 at lets lhan USS20 
per unit. Send ntfonnohon to Ftsu 
OT 42 7267 0* 


EMU-Q5TRIOMNVESTMBITS Today'i 
Hue Gup lnv « >me n ti loam why 
mveston from al wot la of Me are 
mmng id tfvs lucrative. 100% ntured 


investment motoged by Exotic Farm 
Inc m Tens! fanVo return e»- 


DYNAMIC BUSNBS in lehroonmiuni- 
canon tennees seeking d o t n butars & 
agents wcrtdMide. Eanr to sell Long 
term profits. Fro: 5f6-7vl -6728 USA. 


Effecnve structures osatiniy devsed. 
established and ranged for 
irtfemotoinaf trade, inve*iKra. 
financing, rax idaming and met 
protean) bypwfified lawyers and 
aocointants. Decndon and onorryimy 
guaranteed 


- FRENCH PRIVATE DETECTIVE - 
htoMrtouaL Al muons vKxkhndeL 
Teh PotiP 3-1[ 47 tt? 82 93. 


CAPITAL SUPPORT CO*P. 

OS. in 4) 7S7-1QTO Fax 757-1270 


GUARANTEES 

Venture Caplal Sapnes Finanae 
Rad BfeSs lonaTenn Bounce 
aedhraeaaCoomores 
AITypmof PiwkJi 
N oCdonraxt IbtoFunded 
Broken Prancnd 


te the bdemeKendl Hsrted 
Tribaoe, where etere than a 
third of a mBHoe rea d ers 
woridwkh, most of whom ere 
la h edger s and habstry. wM 
read ti. Jest Met* us (form 
613S9S) before 10 an., 
tuning A a r we n et Idee ram 


CAPITAL WANTED 


-jlVililt'Jilii 




GATEWAY TO TW ORI9fT Exporter j 
nf general merttvmcMe lows S novel- 
ues. Buy dred & seve H.w wjng 
Fat 852 545 4576. USA Fat Sr-aT- | .. Ve 


AGHfTS WANT® 


U.5. MANUFACTURER SEEKS 
worktwide dortwiton for patented 


7193. U5A Teh ;i274f -1212. 


are now rece-ong appficatwns from 


AMERICAN MADE APPUANCBS. | 
■Amona, Fnaonre. .MomChei Tel: | 
212 - 285-1526 Fax 212 -<% 2 -iS 3 o LS» ! 
PAMOEX 198 3 roadv.cn NY NY 10038 I 


CHEAP FOOD 5ucermcriei J nm- 
fdoureis returns. USB? Lev, i 5 CC » 

; ret fa.; 203-Q32 355J USA 
- SOCCER WORLDCUP '94. toe ho. 


consulranfi to repeserii us » Western 
Europe Legmrung J.«jcrj I99i. 

For intonation contact: 

USA Manager. Mr Botha 
Deutehmcrh fnveitments. PLC 
oCO Congress Ave nue. Suite 1700 
Austin. Texas ."8701 LISA 
FAX: 512/795-8126 USA 


product wfveh ioatbri (soccer) fors 
wvl want With our "Klapper you 
amply wove it wto one hend cod n 


daps louder then you ran dcp with 
two fiantfc, Eccefcnr prow meter 
Team logos a names cai be 
impnnied thaftoiul or team colors 
ovmicUe- Ternfic far professond. 
aolege or righ tchod sporting events 
Fox 9WL7S0T793 USA. 


Inc. m Texas! fcxcetW returns e*- 
aeewd! Cal or Fa> Ait Mas* of 713- 

5898202 fa oocfam 

OFFSHORE BAMS, compmes and 
trust fat sde Manage busmen, per- 
sond affars, pnvurety / toy-true. 
Offshore compotes U5S3S0 offshore. 
Trust S75a Ofishoru banks S2J00. 
Conner. Management Services, FOB 


SELL AN MCRBWIE counterfeit 
detector pen, vrfech «rarfa wnh 143 
Jfferent currencies. Teh Pit-425-1935. 
Fb* 914-425-1443 USA 


Corporate Strategixb Uatifad 
PO Bor No: 3301 
London SV.12 BiD 
Fav- {44) 81 675 6090 


NEW WTL TEOMCAL PATENT far j 
sole Purcha se r wH gain figh cadi 
Row & pood In advqitooes. Reates : 
to Fan (£093 01 15 7B I 


6 5679, B Dorado, Panama 8A. to 
public of Panama rax. [5071 27-1358. 


the produen you reed. CorJcO 3WC 
Fax USA pi 2i 5T3-0CO6. 


FRB4CH TRADING COMPANY *el 
MtabUshed in EJLC seeks NEW 
INNOVATIVE PRO0UCT5 fiom USA. 
Hops Kcng. Ovna era., to present 


FOR SALE: RlCc POWPESD MlLk. I end se3 in man European TV stows. 


SALE 

Successful, reseeded Firm, located 
Pnnceton. NJ Products sold to 
petroleum, ermmerpql and industnd 


BUTT®, SUGAR. COFFEE. Irfarmcrwr 
by Fa. Be^cm f32 3 534 54 0 3 


send pradu-ct desc 
& cnee far » Fa-: 


pi — carnloque 
42 ."2 67 04 


I companies. Hign type individual 
j ’(toured Pracarty included USE I 6M. 
fepfy Box 5374. MT. 850 Thud Ave, 
Mi H. NY. NY 10022 USA 


COMMERCIAL 8c INVESTMENT PROPERTIES | 


RENTALS 


' CAMBRIDGE UK ■ SmoS sun« of 4 sea- 
cctotomed offices with perinng let 


toned offices with pcr*in- *; let 
ca wanting pwd-e.ierTe n UN 
a S3 3)0270 Fj. 44 223 250532 

SALES 


^ RENCH RtVIOA MARINA MOTH. 
I Lovely herd near Comes beaches & 

1 god ccurse Pool, terms court. &baar 
: norma Free FFITM. Raw « rerarn 
I on utwestmert 1 1%. FRANCE EUROPE 
Rinera tfordv. TeL 33-93 60 °I 26 
Fee 33-93 « 9J Bf 


TEOWCAL ANALYSE 
Can m tfo nti : far odrae aaderv' 
speculators of stocks and asmmodta. 
No fees or cammsscrs. Gam shoe 
only- Buy'sel reccmmendanare on a 
nwununi bass oi USSSOjXXI. Good 
profit opportunities. Infanuitocie 
PO Bax 47744803 ET Breda HcQcnd 
Fax: ^31-70400508. 


FCR SALE SIGHT SEHNG COMPANY 
on French Km era offer ng low, from 
fifce or Carxies to Monaco MC FF15 
rrnSoa Buyer weds no henc e or 
ortwr requirements. Tel: 33-9388 9711 

Fex 92 82 44 93 

5BHOUS INVESTORS REOUffi) 
Gfabd Banting faterwriand offers 
umcjue Inveamerfl Opporfunly. Far 
compfunentoi infomuron ccdr con- 
tort Amsterdam Tel: +31-20 6077T30 

or fax: -r- 31-20-6077200 

WE Off® YOU CONSTANT SUPPLY. 
14.0? tmicp Denim 150 cm pUSSI.W/ 
meter FOB HKG lx 40FT cowcnar 
holds 3O.G00 meters (not available far 
oowerws with quatoL Please fax (B52) 

721 3298. Mong Kong. 

SMART CONSUMBl a*Va senow 
buaness Ctoporlunty send D check o* 
postal order payable to S. Givck, 
Maze! House. DEP HP80. 63 The 
j&dgswcy, Lrxkn NW1 1 SOL fa aw 
nil cofaur broctiuie now I 


FOR SALE: Very intnestm and already 
staled wood prosed in die CorUsean. 
For information: B.C.L Consrianti Fax 

-t-3172^13366 HofaxL 

WANTS); RNANONG far regufar, 
hm nee hmeiL CoBaterah aval- 
aUe. Please reply tor B.CJ. Con su l le x q 
Fox 4-3172613366 Hotoid. 
5TBL-ALUMINHJM md other icetok 
Contaa us far speoficMionL Abo ac- 
tive carbon. Mr. Henriben, Fax t47 

35 592 081. 

OFFSHORE COMPANY: JPCS 1/5 
Gtedi Street. Douglas, Ue of Man. 



CAPITAL 

AVA0ABU 


FOR ALL BUSNESS PROJECTS 
Mnimuai US S500JXXI / No maxmua 
IdfaniKAoo. fas Belgxim 32 2 5384771. 


lUmUfTAHYE 
Needed to RT as licfaai far n 
h Ihe prooesdng rtf Ask . 
ftorang C M to Mima . 


tredi card you with to thorps 

It to. the eember and 
ex piratio n date, aadrnor 

iMaBMcnappMriidiM49 


address and telephone 
neefber tar eer files. 


FUTO5 AVAILABLE 


IBTSB OPCRBRT 
BANK GUARANTQS 
OTHS ACCffTABLE C0UAI8UU. 
fafarmofion, fax Beigfaas 32 2 SMSeL 



GOLD* CURRENCIES 


BUYING GOLD 14-T8-24 CARAT 


Coll Bods Tefeftocne System 
SSoue 65% Plus on ImT CdfcUSA Dd 
Tone-All Di^td Dvaa EhaMlntoed fails 
Confident^ Fat 30S-373-2402 USA 


LEGAL SERVICE IN DOiMARK. 
For d your needs r bums law, 
company formation, debt CoSechan. 
mrttad Mr. Leon Schytz. Lawyer, 
Safitoorie l DK-13Q7 Capestoqgen K. 
Fax 45-13147404. 


CAPITAL AVAILABLE 


1EARN THE TRUTH 
(bat deal Standby Letters of Craft. 
An bwasmd Oaportumfy l Why! legal 
ftnpediuel IsBriur Boofa vA nfa 
m your doe cHgenae immtfiatoaa Tefe 
212/S647517 Fm 212/Bw12USA 


FUNDMG 9ROSBiS 7 

VnAmCapM- Equity Uxmt 
RMlEstoki-Bm» 
Irosdng • Long Tern 
Prime Bonk Gotautoes 


fax to (32-2} 04 96 t5(M*«mi|. 


file prejeds onemged tap 

Seesaw of Aiie 


FRANCE. LYON. ST THEST. IBhc 
, LAND, atuid be perorted dose to 
motorway A43 fasH. 5U1LDING OF 
INDUSTRIAL SITE POSSSLE TeL (33) 
73 f 700 55. Fax 63 TS 43 .'5 33 


! DOMAINS & CHATEAUX de France 

Speaofal rr Scrim of Choreoux m 
F ran c e, mnevards. Oxxeauj-Hateti 
Investment opportunities. Tet (33) 
47 58 12 61. Fa*.- 133} 47 50 21 13. 


INTL SOCIETY OF HNANdHtS 
Professional membership network far 
nxqor pfayerv. Fite ■ 6-page report. 
Tel: 704.252-5907, Fee 7O«51-S061. 
JSF.POB 18508. AshrvirXC 2BB14 US 


j BRANDED FASHION JEWELRY 

Company a seefang bread detribufion 
| in me fbHowmg motets: Mexico. 
Ctmodj^Euape. TVree fax (212) 714- 


2nd TRAV& DOCUMBdTS. Driving i- 
omces. GM, 2 PeriUeous, Voukiureni, 
Affinnr 16671, Greece. Fas 9962152 
EARN 12 TO 15% RETURN Mrimg 
safe, low nsk loans cm US Red Es- 
tate. BocMet. ha US: 3P383-9274 
OFFSHORE COMPANB. For free 
brochure or advice Tet London 
4481741 1334 Foe 44 St 7486S6B 
COPTERS M-17, 1993-1991 A RARE 
metals & dure fix scrap. Deed frem 
Russia EECGfax 3E-25K20 


Fax 45-331474Q4. 

YOUR OWN CANADIAN PHONE 
number & voce maiL Only $24.95/ 
month! Tcxorrto/ Ottawa. Prexbre 
oddr e ge s dso avattds. MASiO. 
Convnuncntiani. Teh 416-927-8026 

Fq» 416366-1406. 

TOO BUSY TO IWD 177 let SLEUTH 
End 4 _ far youl For had-tofind 
in fu aaotion. <temi & services far bus- 
neaes & enMuah. SLHJTW Tel/Fax: 

410-992-5451 USA 

EMPIRE STATE 8UKDNG ADDRESS 
The tnaet ddfamedied addrase in USfL 
MaJ. Phare, Su Tel pi 2) 7368072. 


VENTUffi CAPITAL 


IMMEXATE I UNUMITB) ** 

O '- I l-LI- 

LQp » l OYOPCw? w 


CcnefaMii eorned ady upen FwxSnfl. 
Broker'} Cbaeniaian Aaured 


AJCG8HMA Esffait aion eo nrrtion of 
umJ eto u s raw smds. FtooSfa worfi- 

M camdo ti ai. Uxw cost. Tel France 
<7 58 12 61. Fax f33) 47 58 21 13 
BUTWG GOLD- nan rofand in powder, 
Banna, figgmetto etc- Al oyanU- 
6a. mate oSn by fax (32-3 SB 47 


ain 


US$ 3M cod op from Pmdpri 


AIL buetass fxoiartif 
MW Ui. 52 n±/no twa 


TeL (63-2) 


fas (63-21 810-9284 
3-21 VlD^Oer 812- 


PURCHASE AM) SALE of currendes. 
Infansdioa by fat (32-2) 538 47 91 


Straight eqwrty and/c 
•qaBy/dtHWtooi hr 
d trt e yi - etqtc eren H - d ard up i unl 


(717)397-7490 (US- FAX) 


SERVICED OFFICES 


BMGOMSSaVKS M 


AVAILABLE fSOM JANUARY 1994 
FOR ANY WORTHWHKE VBflURE 


We am tteo prorate famt fewb on 
good terrm with mranren raeurBy 
thnwgh prhrot* TrasL 


FORWARD PROJECT OUTUNE 
NOW TO ' 


PROJECT FUNDING / ' VB4Tl«E 
CAPITAL fan US SSOOjOOO ipmds, 
no mree w ea Srmble rotes, laadda 
lees. Ancto . American Vfam Hem 

FAX 44 TO 201377. 

CAPITAL AVAILABLE far viable 
protects world wide, fan watove 
fafy nupped saanxs. XepreMMhn 
rtan/Btl KQQAB. Foe +46 31 
137165. 


SWITZERLAND . 

HctyqmESedPMSCPAkr ' 
Swazsriml far toe fad 14 yarn* 
aftn sorekesto open BaJcAccaunfs 
far fautmen or private imestmetto. 
Al otoer penowd mdadidMiaf 
services ottered. ExceBent axeods. 


YOUR ATHENS OfflCE 


Write P.a Bar jzrai Gemo 17 
or far +41034983 91 


I Execlirre Servian Athens Tower B. 
0141527 AtonraGraeoe. Tet 7796232 
T rim 714 2Z7QSE. Telefax: 7795509 
Eecd t e Offices ond Busmen Center 


(YtXS JUMU near. Onryn 


LADES WINTBL BOOTS: Ffah qu% 
leather, faly Ened. London Tet 44 71 


leather, faly Ened. London TeL 
724 9648 Ft» 44 71 706 1560 


Fox.- 12121 SU-113S- 

HXUNG PLUS: bwmen. oe u demic 
persond etftmg/writing. PhD. Phone/ 


MVE5TMB4T SUISSE SJL 

BdWxAtranr 86 
6001 Zurich. 


FUNDS AVAILABLE frembanb md 
pnvate investors for ol finanana let- 
ter of credit, invoice eSseatm, bank 
gucranne ete_ Irf On ixAw by fa* 
Sebum) 32 2 538 47 91. 


FBMNOAL 6IUUIMH5 We can 
pevide Craft Ednaner kotos-' 
meats far project fmondna. SIM nov 
Teb4tP-e3mibeW3fe5«4US 


. ISF.taxtlfjn 5 me cf Arton __ 

I PteruTd (ll*3S9<tQ4 Fax *2562835 
YOUR OfflCE LONDON 70p per 
day. Afcd. Phaoe; focTkdl tenets*. 
ttlfli 0766 ftst/1 560 3729. 


BUSINESS OPPORTUNITIES 


COMMERCIAL & INVESTMENT PROPERTfES 


OSTWOK SA 


As a solid, financially sound Swiss trading company, we have 
• the exclusive worldwide production, distribution and 
*■* - marketing rights regarding the original SOVIET 

-- MILITARY WATCHES from the sole official equlpper of 
the former Soviet armed forces. The official watch 
- supplier to the Soviet army developed Komandlrskle 
series tor the troijps of each branch of service, e.g. lor 
the officers of the Air Force. Navy, infantry and artlfle- 
ry. for submarine crews, paratroops and tank crews. 
* * etc. 


My name is POULRO. 

I am the first natural coldpack of the 
world. I will help immediately with 
sports injuries, rheumatism etc. 

I am looking for Top Sales People, 
who want to earn a lot money with me. 
(No mediators, please) 

More Information tom Fax-Cermany: 

P OLARO -Promotion 004982 131 2018 


UK & OFFSHORE 

LIMITED COMPANIES 
BY LAWYERS 
LOWEST ANNUAL FEES, 


TRJLVEI* BUSINESS - c 


The fltsf collection has been selling very successfully In the 
- world’s toughest watch market (Switzerland) for a few 
' weeks already. Within a single month, 14 countries 
have been won for the distribution of the OSTWOK 
brand. 


• F-subliNte.il j) Years • MulU-iulional & Gvmi. Clicruele 

• Over JO Stiff • 2 Locations 

■ PiufiLilifa, wuhTumoier Exceeding USS 12m, pa 

• Quilifles l» Lv; ftoilLil 

Owners wishing ro retire - Outstanding nppominitj for qualified prospect 
Price US$750,000 plus assets (negotiable) 

SmJ cxprcutaii of I meres: detailing qualifications to- 

1 — , " Tsxrzr r\ P O _ bqx 476 Singapore Q/7J ’ = 




UK LTD Fr £ 83.00 

UK PLC £ 139.85 

HBSH (NON-HES) £105 
IRISH (RES) IRE 265 

WYOMING LLC £485 

ISLE OF MAN £185 

BAHAMAS £205 

PANAMA £269 

CYPRUS £386 

B.V.I. £265 

DELAWARE £185 

TURKS £265 

GIBRALTAR £225 


1 OFFSHORE WORLDWIDE 
Ready made companies (shells) 
• fall mana gement 
•address services 

Fmbsdmn 

INTERCOMPANY AUNAGEMENT 
p-jfw-j E O- Box 160. 9493 Manren 
Vpif?/ Licdaefucaa 
'Tp* Fob 41-75-373 4062 
ILr mmriny < 


nnnnn 


LISBON 


PORT UGAL 


CITIZEN SHIP 

Go v er nm aa ApprovoilSJ 150LDO mndo- 
mlrium p unfase plus fee entiles you to 
Immatee i B bj cn dilp fa J tec free, rn ^l ft h : 
speaktaa ConnnornvcdBi couddv (not 
AnJguaL CaftfUembfity b sbddL 


P.0 Box 1302. 43C ReddBe Sdwj 


li M 'J 


x MaiJ IW. 

i\ 

\ 

\ 

\ 


SLjohrib, Anlgrn, RbUoto 
Ru: CttWl 462-Z718 


BUSINESS 

SERVICES 


.The OSTWOK brand collection of watches can be granted 
‘ only on a EXCLUSIVE DISTRIBUTION BASIS for the cor- 
responding country, to trading companies or impor- 
ters with confirmed success. Presentty. the following 
countries are available.: 


Pasco 

Wanted 

Cos fa Rica based company 
looking for U5. or other public 


Tax-Free US. 



\ II; - 'U. 1 \ 


MIDEAST OR FAR EAST 


If you are interested In DISTRIBUTING these unique original 
timepieces, please contact us under the following 
address: 


shell with cash or saleable 
assets. Control required. 
Our operations in banking, 
finance, agribusiness. 


OSTWOK SA 

Mr. J.P. HQsser 
Product Marketing Manager 
Postfach 200, 8320 Fehraltorf. Switzerland 
Telephone Switzerland -1-9S5 14 14 
Fax Switzerland -1- 955 14 44 


Fax summaries to: 
011-506-36-8950 or mail to 
Financial, Apartado 2943- 
1000, San Jose, Costa Rica, 
Central America. 


locanctax-ticc Ucvada wr sped*?. Scnkr n 
d 50 Stas. Goasex of coaplrtr ztoorncy. 
Tc i fin L'i ajdras «idi phaac 8 Ea serrtce, 
office srnrn L’S barf actons, IIS. brims 
to sent as i&mon. ankle kgd smkn 6 
issHUncc, mdading CnC mrket eauj * 
imniKiawi fteast rtqsiBl out fret broebort, 
orefitWf ft ftjftft Frakb odmm. 


Wl'h 1 . lira' 1 'i ~1i i .v' illnlf 4 | 
\ SFISCS CCypuNT rOSMiTIO.SS LIMITED \ 

, <::;;:5)i0:iSF,r^sf5.s5r57.5'£T.f.?:i5£: . 


LCNE-: S. 5Yi3 £Hi. LMTsD X iNGCJU 


DISCREET 


44-71 352 2274/2402 
r 44-71 352 2150 

Is FAX: 44-71 352 2260 E3j 


SURVEILLANCE 


EQUIPMENT ENDS 
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International Herald Tribune 
Wednesday, December 8, 1993 
Page 9 


Jose Van Dam, in the title role of Lully’s “ Roland m at the Th&dtre des Champs-Elysees. 


Boston Symphony and Berlioz: Happy Match 


By David Stevens 

international HenkLTrOme 


P ARIS — The Boston Symphony is 
generally considered the most 
French of American orchestras and 
its Berlioz c redentials axe wHfl . bui- 
lt was stiH a bold and onaginative stroke to 
come to Pads an its current Enpopean tour 
with an all- Berlioz program in large part 
unfamiliar to even a French anrKfoncft , 


critics and phiQistines. The work ends in the 
haunting choral fantasia on Shakespeare's 
“The Tempest.” 


It was the entire “Episode in an Artist’s 
Life,” consisting of the Symphonic F-antasti- . 
que, which is f amiliar enough, followed by 
the strange weak: Berlioz meant to be the 
sequel and pendant to the symphony, **L&- 
Ho” or “The Return to life,” for narrator, 
tenor, had tone, chorus and orchestra, which 
is almost never performed. .. 

He called it a m&otogue or mpmdnme 
tyrique, a quasi- theatrical mixed bag of spo- 
ken text and music, divided into six dramat- 
ically varied numbers »«mg music retrieved- 
from earlier works of his own unknown to 
the public. Berlioz's spoken text is many 
things — romantic art manifesto, thinly 
disguised autobiography, admiration bf 
Shakespeare and Beethoven, attacks on 


The symphony is the transformation into 
art of his obsession with the actress Harriet 
Smithson. “Lffio” is the anecdotal declara- 
tion of his recovery and return to the world 
of music. The first performance of the two 
wcaks -togaher, in 1832, was apparently a 
sensational artistic happening and crucial to 
Berlioz — launching him as a recognized 
compos** and fatefully uniting him within a 
year with Miss Smithson in a not very happy 

marriagw 


while Francois Le Roux's lightish baritone 
mainly disappeared in ihegcnera] brouhaha 
of the brigands’ chorus. The Radio France 
chorus was a source of musical strength. 


Works that sought to unite spoken texts 
with music were fairiy common then, and the 
Paris audience of the time would have got all 
the references hr the lexL But today iz seems 
to be just a period piece, interesting only 
because it is by Berber. 

Yet somehow it was pulled off nicely at the 
ThMtre des Champs-Hystes on Sunday, 
thanks largely to the judkaoilS mixtur e of 
passion and humor in Lambert Wilson’s nar- 
ration, neatly dovetailing with Seiji Ozawa’s 


by an atmospheric semi-staging. Vinson i 
sang die tenor solos with poise and elegance, 


P AR] S has become used to an almost 
annual Lully fix in the six years 
since William Christie and Jean- 
Marie ViHegicr showed with “Atys” 
that the composer's lyric tragedies could' be 
made meaningful to contemporary audi- 
ences. 

_ They are not automatic hits, however, as is 
demonstrated tnr the third production in the 
Th4&tre des Champs-Elystes Lully series. 
“Roland” is the last but one in the successful 
collaboration of Lully and Quinault, but it 
has its problems. One is the didactic confron- 
tation of the concepts of love and glory. 
Another is a title character — the opera is 
one of the many based on Ariosto's “Orlan- 
do Furioso” — who does not show up until 
Act 2 and then goes into one long losing 
streak in the love department before picking 
up his sword and going back to the wars. 

Jose Van Dam sang strongly and acted 
diligently, as ever, in this losing cause, and 
Ann Panagulias, V&ronique Gens, Harry Ni- 
coll and Gilles Ragon sang admirably in 


ery. 


Rock and Rap: J. Spreads His Word 


By Laura Colby 

International Rerakt Tribune 


P ARIS —A few years ago, 
Jens MflUer wasn't very 
different from other East 
German teenagers. JHe 
worked as an apprentice in a state- 
owned computer-chip factory, de- 
scribed himself as apolitical, and 
played drums in:-aja& band in. 
East Berlin; (tee thing chafed on 
Mm: The idea of not bang allowed 
to travd to the West. 

It was only after theBerim Wa& 
came down that Muffler had- his 
political awakening. ■ •- 

Today, at 23, his name shortened ’ 
to J., be is building an international 
reputation for his protest music. 
Sung in coDoqmal blade English , ' it 
is a mixture of rap and row. Bob 
Dylan meets Ice T. When he’s not 
maki n g music, J. is pubtishmg.a 
newsletter devoted to exposing the 
resurgence of the far right in Ger- 
many, whose government, he says; 
is. at worst, aiding the rise, and at 
best, doing nothing to stop it. 

“When the Wall fed, we wanted 
to remake the country, to open op 
to the world,” says J. “Instead, we 
just got a new set of leaders who are 
idling us to do things their way." 


J. is hardly nostalgic for the days 
undo- Erich Honecker. But his 
hopes for freedom under a new re- 
gime have been dariied. Instead, he 
sees in German unity some ominous 
Minings: the resutgence.of rightist 
de mq i f y . that had been fapt on the 
fringes of society in Germany since 
the war, a growing nationalism 
among the ruling classes, and 
among those bis own age, _an alarm- 
ing increase in the; far-right skm-„ 
b£ads,fed by growing tanks of the" 
. unanpHoycd hi (lie East, who. are 


: Li who writes music and lyrics, 
rings, plays guitar, bass, drums and 
keyboards on his recordings, matte 
his first album -last year, produced 
by the American Jack Riefey, who 
has worked with the Bear* Boys, 
and Kod and' The Gang. Called 
~We Are the Minority” (Pdydor), 
h boasts songs with titles. like 
“Born on the Wrong Side - of 
.Town,”X‘They canK and promised 
liberty ... bm all they defivwed 
'is poverty”) and “The Beast No 
One Ever Tamed,” which compares 
Germany’s rulers to the Gestapo. 

Another song, “First TTiey 
Came,” uses a text written fay Mar- 
tin Nierodlkr. a victim of the Na- 
zis, winch begins “First they came 
for Lhe Jews, and I did not speak 


out because I was not a Jew” and 
ends with “and then they came for 
me. And there was no one left to 
speak exit for me” 

Despite tire dramatic lyrics and 
the angry-sounding music, in per- 
son J. is polite and soft-spoken, a 
blue-eyed waif with long, jet-black 
hair. He speaks matter-of-factly 
about his country in unaccented 
English- “Germany wants to be a 
-superpower — not Eke- America 
used to he, pulling .in to trouble 
spots and then puffing out- They 
rally want to control the world.” 

Deciding Iris records alone 
weren’t enough to spread the word, 
he started a newsletter called Ger- 
many. Alert two yeas ago. The 
weekly newsletter is intended as a 


eraments and journalists i 
Israel Singer, secretary-general 
of the World Jewish Congress, says 
of J.: “He’s a phenomenon.” A 
reader of Germany Aten, Singer 
says, “There are things in U that 
alert me to subjects I wouldn't have 
- known about otherwise. For a sing- 
er to alert somebody in politics to 
thing s that are happe n ing in poli- 
tics is a great compnmeaL” 

J.’s moral outrage doesn't always 
win him fans. He gets little airplay 
in Germany, where criticism of re- 


unification doesn’t go over weQ. 
particularly from someone who no 
longer Eves in the country. After be 
appeared on MTV, which bills him 
as the “first hip-bop opponent of 
German racism,” accusing the gov- 
ernment of encouraging anti-for- 
eigner violence, Bonn demanded 
equal air time and made an angry 
rebuttal on the channel 

And last year, J. and his manage r 
were held at gunpoint and beaten in 
their Paris apartment by German- 
speaking thugs who ransacked the 
place but took only lyric sheets, 
demo tapes and music parapherna- 
lia. The case is still unsolved. 

J. is currently at work on a sec- 
ond album, for release next year, 
called “We Are Everywhere," and 
is considering moving to the States. 
He can’t see himself living in Ger- 
many again, and security there is a 
problem — his concerts have been 
threatened by neo-Nazi groups. 

“All the things from the Nazi 
times, the attacks on foreigners and 
Jews, it's all happening again” says 
J. “We need to remind the world." 
About those who accuse him of 
overdramatizing current events in 
Germany, be says: “If they really 
bad a clear conscience, they 
wouldn't mind being reminded of 
the past” 



Jens Muller, a/k/a J. 


BOOKS 


LUTECEs 

A Day in the Life of Ameri- 
ca’s Greatest Restaurant 


By Irene Daria. 230 pages. $23. 
Random House. 


Reviewed by 
Jonathan YardJey 


MERICA’S greatest restau- 


J. AlOUli • wi-j™ —1 “ J— 

that the finest of all “American 
restaurants is one that quite' un- 
ashamedly celebrates and perpetu- 
ates the haute cuisine of Fiance; not 
merely that, but one in which all but 
a privileged handful of Americans 
would feel out of place and m winch 
the pockelbooks of most Americans 
woxJdbe strained well past the 
breaking point. 

No. Lut&ce in New York is in- 
disputably a great restaurant t (■£ 
« * « — nmnM dV lfft time hss 


passed) but it is “American” only 
m location. 

So why a book abom Lutixe? 
Why should Americans he interest- 
ed in an inside account of the work- 
ings of a place that almost none of 
them' wfii ever visit? Wen, apart 
from the obvious explanation that 
people love to read abom the eEte 
ana exotic, the answer is that when 
yon cut away all the Frenchy frou- 
frou, Luttoe is in essence a restau- 
rant Eke any other, its daily life both 
familiar and mysterious to nnOions 
of ns. We wonder how a restaurant 
works just as we wonder about the 
inner operations of a car dealership 
or a supermarket or a brewery. 

So here comes Irene Daria with 
the answers. Her portrait of Lui£ce 
and its celebrated chef-owner, An- 
dr£ Soltner, is Mty rounded and 
amply detailed. 

Soltner, born six decades ago in 
Alsace, he gravitated to cooking 
early and has stayed there ever 
ginrw He has been in the United 


States for about half his life, begin- 
ning with the opening of Luifcce in 
February 1961. He began as chef, 
with the promise of being made 
partner, and became Ml owner a 
decade later. He runs the restau- 
rant with the help of his wife, Si- 
mone; despite the occasional rocky 
moment. they run it as a family, 
with remarkably tittle turnover in 
personnel and with corresponding- 
ly high staff morale. 

Lotitee has 29 tables that can seat 
75 customers. “On the breakdown 
sheets for a recent lunch and din- 
ner ” Daria writes, “total sales for 
lunch came to about $4,600 and for 
dinner to about $13,770. These are 
pretty standard amounts for Lu- 
tAce and bring the restaurant's an- 
nual sales in at Andris’ s confirmed 
$4 mOEon pins.” Soltner pays him- 
self S99iOD and Simone $49,600; 
“a prominent industry analyst told 
mtf that other restaurateurs of 
Andr&’s stature earn a solid 
$500,000 per year." 


The disparity seems to have a 
couple of explanations. One is that 
Soltner isn’t in it for the money; 
the other is that he pays his staff 
well and has a generous benefits 
program. “I am a craftsman." he 
says. “I don’t want to raise my 
prices. I want to cook, to have 
customers, to make enough money 
to pay my staff good and have 
enough money left for me. Bui 
that’s iL I don’t have the need for 
so much money.” All of which is 
admirable, though readers do well 
to bear in mind that the prix fixe 
cost of huch is $38 and dinner 
$60, plus wine (the cheapest goes 
for about $30 a bottle) and all 
those tantalizing Utile extras, like 
salads and aperitifs — not to men- 
tion tips for the waiter (15 per- 
cent) and the captain (5 percent). 


as well as the inescapable slices for 
the mayor and the governor. 

How the food gets to the custom- 
er is an elaborate and entirety fasci- 
nating story that has a huge' cast. 

The logistics of all this, as Daria 
says, “seemed overwhelming," yet 
Soltner and his staff carry them off 
not merely with aplomb but also 
with plenty of room Tor improvisa- 
tion and last-minute decisions. Nev- 
er having supped at one of their 
tables — having indeed, a distaste 
for exclusive restaurants — 1 cannot 
give personal testimony to this, but 
after reading Daria’s fine book 1 fed 
entirely competent to do so. 


Jonathon Yardley is on the staff of 
The Washington Post. 


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Zappa’s Talent for Fun 


By Mike Zwerin 

InterwHoruil Herald Tribune 


Pierre Boulez conducted the prestigious Ensemble 
Interconictnporain performing several of his classical 
compositions, “Naval Aviation in Art?” for one. “I 
stumbled cm an old Life magazine that had paintings 


A T THE AGE of 14. Frank Zappa was living done by guys on warships.planes going down and 
in a “little stinky cowboy town” called El stuff like that.” he explained. “It was headed “Naval 
Cajon, near San Diego, playing snare drum Aviation in An.' Are we supposed to take that serious- 
in the junior high school orchestra. He was jy 0 r what? I added the question mark." 
bored, always counting rests, until one day be walked ' | n 1989. Tie Financial News Network invited 
into a record lore in neighboring La Mesa and was Zappa-Dada to talk about how to develop trade with 
“bowled over” by a hi-fi demonstration recording — Soviet Union on cable TV. He suggested cx- 
"The Complete Works of Edgard Varese, VoL l.” changes of information through satellite hookups, 
which was “swimming in percussion.” Perhaps they remembered that he had said: “If the 

Several ^months later he bought Stravinsky's “Rite Nazis had had television with satellite technology, 
of Spring,” Those were “the only two albums I owned, we’d all be goose-stepping." 
everything else was R&B singles by people like the The FNN sent him to Czechoslovakia to discuss 
Orchids. My friends would come to my house and I'd economics with president Vaclav Havel shortly after 
say. Hey. listen to this.’ and they’d say'. Take that off. the Velvet Revolution. ( Havel told him he knew “Bon- 
You're crazy.’ ” ‘ go Fuiy,” his album with Captain BeefhearL but 

He taught himself the guitarfand later composition) apologized for not being f amiliar with more recent 
and formed his first band, the Black-Outs, while in work because he had been in prison). When 1 imer- 


Mtos HC sr pi ffl oJ 


He was no freak. 
He was a sharp 
analvzer of 


other roles under Rene Jacobs's expert direc- 
tion. But Gilbert Deflo's staging in W illiam 
Orlandi’s sets and costumes was stuck in a 
kind of shop- window baroquerie too literal 
to be hetpfuL 

At tire Opera Bastille. Offenbach is on 
hand until Jan. 12 with “Les Brigands” as the 
year-end entertainment. This was the com- 
poser’s last big success before the Fran co- 
Prussian War sent Napoleon Iff down the 
drain and with it the society that supplied 
Offenbach with such rich material for mock- 


sociefc 


Why “Les Brigands” is not as well known 
as his more familiar operettas from the 1 860s 
is not clear, but it deserves to be. The zan> 
and explosion-filled production, from the 
Netherlands Opera, is staged by Jerome Des- 
champs and Macba Makeieff. with clever 
sets by Fran^oise Darne. 

The apparently indestructible Michel Sen- 
echal husbands His voice carefully and enjoys 
himself as the bandit chief. Michele La- 
grange. Doris LamprechL Jules Bastin. Ry- 
land Davies and Daniel Galvez-Vallejo are 
in fine vocal and comic form in other major 
parts. Louis Langree conducts with the req- 
uisite verve. 


high school in Lancaster, Califor- 
nia. “A few of the guys bldcked-ouf 
drinking peppermint schnapps.” 
he said. “It was the only R&B band 
in the entire Mojave desert. There 
were three blacks, two Mexicans, 
and Terry Wimberly represented 
the other oppressed peoples of the 
earth.” 

.After what be called a “dismal 
tenure” with a band called Joe Per- 
ino & The Mellotones, be quit mu- 
sic to become a part-time college 
student and greeting card artist and then talked Paul 
Buff, owner of a small recording studio in Cuca- 
monga. into making a jazz record. T can't remember if 
1 ever charged Frank any money, or if he even had 
any," Buff told Billboard magazine, “but we kind of 
worked together and recorded some jazz things. He 
went up to Hollywood regularly and tried to sell 'em. 
And nobody was interested, basically.” 

This may account for one in his long line of memo- 
rable sound bites: “Jazz isn't dead, it just smells 
funny.” Somewhat kike John Cage, w’hai Frank Zappa 
said was often more interesting ihan [he music he 
made. Basically he kept writing the same tune for 30 
years; or Lhree tunes if you divide his career into rock, 
classical composition, and Digital Synclavier periods. 
Not everybody will agree with that, of course, but one 
nice thing about Zappa was that the last thing he 
wanted was for everyone to agree. 

Zappa, who died Saturday, was a hot talker and a 
gifted publicity man and his syntax need minimal 
editing. He ran a slew of corporations involving his 
music and related projects and was totally comfort- 
able carrying an aitachi case. He ran his band. The 
Mothers of invention, like a well-organized business. 

The man who made albums with nam es like “Wea- 
sels Ripped My Flesh” and “Burnt Weenie Sandwich” 


and wrote a song called “Don't You Ever Wash That 


Frank on his way back from 
Prague to L A., i asked him how 
come the harried president had 
time to talk to a rock musician. 
Zappa took umbrage: “Why does 
it seem so strange to you that Va- 
clav Havel would want to spend 
time with me? What's wrong with 
me?” 

You tended to be on the defen- 
sive interviewing Frank, who 

claimed he was treated badly by 

journalists because they were jeal- 
ous that he made more money than they did and could 
even call his own shots. He reserved all his rights and 
financed and managed his own products as much to 
keep free of record-company censorship as for the 
money. On the other hand, he went out of his way to 
be interviewed. He had called meat home the morning 
he arrived in Paris and picked me up ji a club near the 
Champs-Elysees in a limo that night. 

“1 don't mean you personally.” I lied. 

“Yes you do." he snapped. ’“I've been asked that 
same question in various forms since 1 went there. 
People are shocked that anybody of importance would 
spend any time talking to me."’ 

Being the victim of a self-constructed image 
wrought with ambiguity and irony somehow surprised 
him. Perhaps this was His most attractive facet, he laid 
down this big power trip and yet he was totally 
vulnerable. This was the guy who named his kids 
Moon Unit and Dweezil and then became aggressive 
with those who were “shocked” when “important" 
people talked and listened to him. Which they did. 

It was hard to tell image from reality when he 
recorded “Valley Girl” about vacuous teenagers in 
San Fernando Valley with Moon Unit singing “Last 
idea to cross her mind / Had something to do with 
where to Find / A pair of jeans to fit her butt / And 


Thing?" was “not really a strange fellow,” says Glenn The record sold big. Is that a sellout, satire or just the 
Ferris, who played trombone with him for a year. “He ,nw ' an0 


where to gel her toenails cut.” She became a celebrity. 
The record 
last laugh? 


was no freak. He was a sharp analyzer of society and 
he knew how to incorporate his insights into his work. 
He could have been a good banker or real estate 
operator. But he had this incredible musical talent, he 
created a unique and profound synthesis of American 
and European influences with what I call his Zappa- 
Dada technique." 

He “played” a bicycle on Stew Allen’s TV show and 
cued a performance of one of his orchestral works 
conducted by Zubin Mehta with: “Hit iL Zubin!" 


Sutherland’s Uneasy Role 


By Celia Dugger 

New York Times Service 


N EW YORK — Donald Sutherland has 
played sinister villains, off-the-wall odd- 
balls and anguished heroes, but rarely in 
his 63 film performances has he played a 
character so uncomfortably like himself. 

In “Six Degrees of Separation," the film version of 
the 1990 John Guam play about a young man who 
cons an Upper East Side couple, he is Flan Kittredge, 
a high-class art dealer who has turned his love of 
painting into commerce. 

Sutherland, a serious actor, hawks Volvos in voice- 
overs for television advertisements. 

When he first read Guare’s screenplay for the mov- 
ie, which was directed by Fred Scheplsi and opens 
Wednesday, the character of Flan alienated him. 

“Maybe be was too dose to me," said the actor, his 6- 
fooMf 1. 93-meter) frame tucked into a darkened comer 
of Jo-Jo, a restaurant in New York. “Maybe the idea of 
that kind of personal failure plagues me. Maybe living 
hand-to-mouth on that levd plagues me." 

At the age of 58, the Canadian actor still needs to 
work. Last year he was in “Buffy the Vampire Slayer,” 
a frothy comedy for teenagers, and “Benefit of the 
Doubt/ a thriller that flopped. He is now playing an 
aging Confederate captain in a CBS production of 
"The Oldest Living Confederate Widow Tells AH" 
He stiH has three sons to support, one at Princeton 
and two at home with the woman he has lived with for 
22 years and refers to as his “belle amour,’' the French 
Canai-tii n actress, Francine Recede. His eldest son is 
Kiefer Sutherland, who earns bis living in Hollywood. 

The actor also has a farm in Quebec and a house in 
Paris, and he is not unknown in nice restaurants. But 
he still has what be calls a “huge financial insecurity,” 


“And when you’re 58 years old, you don't want them 
to have to sell a house when you die,” he said. “Which 
gets back to: ‘Are you honest with your work and do 
you only do the work you want to do? Or do you work 
for money?’ On many’ levels. I’m a gun for hire.” 

But the actor, who has had memorable roles in 
many movies, including “M*A*S«H." “Khite,” 
“Don’t Look Now” and “Ordinary People,” was also 
quick to add: “I have always wanted to be an actor, 
and I have done what I wanted to do. Every character 
that I made, I didn’t do it cheaply. Sometimes the 
work doesn't have the dignity I like to vest myself fit, 
but I tried as hard as I could.” 

Last year he drove more than 10 hours, from Cana- 
da to New York Gty. to talk to Schepisi about the rate 
of Flan. Schepisi said be was quickly convinced that 
Sutherland instinctively understood the character. 

Rather than having the characters speak directly to 
the audience, as they often had on stage, the director 
and the screenwriter used the mobility of the camera to 
allow the Kj dredges to leH ever wealthier circles of rapt 
socialites the elaborate tale of bow they were conned 

Sutherland, whose character was outfitted in ele- 
ganL understated suits and a fastidiously clipped 
heard, describes Flan as a man “whose spark was not 
strong enough and gave way to venal ambition. And 
the more he bought and sola and the more successful 
he became, the weaker and more insubstantial his 
character became." 

The actor said he sought to convey not only Flan's 
craving for big deals but also the “huge remorse” he 
feels about his mercenary life. 

In a dream sequence, his face is superimposed on 
paintings by Mausse. Picasso and Pollock. In a voice- 
over, the actor says: “I felt so close to the paintings. I 
wasn't just selling them like pieces of meat." 



GUCCI 


Firenze - Milano ■ Roma - Barcelona - Brussels - Cannes • Copenhagen - Dublin - Geneva - London - Madrid 
Paris ■ Zurich - Bangkok- Hong Kong - Jakarta - Kuala Lumpur - Manila - Seoul - Singapore - T aipei • Tokyo 





11 


CCU- 

the 

lies: 

eels 

race 




m? 
w.e 

the 
ari 

jt- 

ifics 
did i!d 
rue. the 
e :«> 


When it comes right down to iu and it has, the thing 

you remember and admire most about Frank Zappa is 
that whether you liked it or not he was well paid for 
doing exactly what he wanted to do, he was good at iL 
and he made our lives more fun. 

The day after he died. MTV ran an interview during 
which he put down the recording industry, including 
MTV: “Today you can turn on MTV and see Hulk 
Hogan waving an American Flag. It can be said that in 
the ’80s. rock became as real as wrestling" 


is a 
■ale. 
the 
i^h- 
Mih 


m ji 

it>. 
1 to 
«>. 
giit 
en- 

Sjl. 

im. 


to 


ned 
i as 
jar 
ate 
•iih 
ero 
ich 
ted 


to 

the 

my 

the 
for 
at 
• at 
a 
■ce 

JS. 

es. 

ir- 

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of 

ifs 

P- 

ty 

iu 

15 

as 

s- 

1- 

at 

:s 


dating to troubles seven years ago with tax authorities 
that forced him to mortgage his homes. 










Page 10 

ADVERTISING SECTION 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, DECEMBER 8, 1993 


^ 5 # 


a D VF.RTISING SECTION 






▲ 




fUfB m 


Economic Questions 
Russia Must Answer 


The Russian government will 
begin 1994 with firm commit- 
ments to reduce its yawning bud- 
get deficit, cut spending and bring 
inflation under control. Those are 
the basic tenets of the economic 
plan it adopted last month, and 
there have been early signs that it 
is being followed. 

The overriding question, however, 
is whether the government will have a 
legislature that permits it to follow 
through on its fiscal commitments. 

Russians go to the polls on Dec. 1 2 
to vote For" the country's first-ever 

democratically elect- 

ed legislature. Opin- 

ion polls have shown 

that the govern- 

merit's party. Rus- 

sia's Choice, is like- SHEL:* . 

|y to win the most BgL g 

seats in the new 

State Duma. But 

some seals are cer- t g af p te 

tain to be won by the 

more centrist Russ- 

ian Party of Unity 

rural-based and 

more conservative UA 

Agrarian Panv and 

even, according to 
recent polls, the President Sons 
Communist Party. crucial poll lest 
Even though some 
opposition is likely, a renewed stale- 
mate over economic policy is improb- 
able. If the new constitution, also to 
be ^oted on Dec. 12. is approved, the 
government and the president will 
enjoy far broader powers to control 
spending and the budget than it did 
with the parliament President Boris 
Yeltsin disbanded in September. 

indeed, while it was the political 
standoff that led Mr. Yeltsin to dis- 
band the parliament, he made it clear 
that it was the lawmakers' intractabil- 
ity over the budget, economic policy- 
arid privatization that forced him to 
take the extreme measure. 

In the two months since, the gov- 


ernment has moved slowly to gain 
some control over the economy. 
Inflation, which hit 26 percent per 
month in September, was scaled back 
to 20 percent in October and will 
probably drop to 15 percent in 
November. Year-end inflation is 
expected to be around 900 percent. 

“This is still not too good. " says 
Finance Minister Boris Fyodorov, 
“but it is belter than last year's figure 
of 2.600 percent." 

Mr. Fyodorov says that the budget 
deficit should be around 10 percent of 
gross national product. That was the 
target Russia was 
__ supposed to meet in 

an agreement made 
Tk in the spring with the 

% International Mone- 

® tary Fund for the 

£J . .;?■ final half of a $3 bil- 

lion stabilization 
C’ • loan. 

The country had 
already received S 1 .5 
billion after agreeing 
to a series of tight 
monetary policy tar- 
gets, but the second 
half was withheld 
after the country 
began to backslide 
Yeltsin faces a on reforms. 
on Dec. 12. Hopes are high with- 
in Russia that the new 
economic plan will be accepted by 
the IMF and that the second SI. 5 bil- 
lion will be released in January. An 
additional S600 million loan from the 
World Bank also hangs in the bal- 
ance. 

The new plan outlines much the 
same goals that Russia had last 
spring. Jt calls for 5 percent monthly 
inflation and for spending to be elim- 
inated on as many as 30 programs. 
The plan envisages a yearly deficit of 
5 percent of GNP. half the estimate 
for 1993. 

Whether the government can hit the 
Continued on page IJ 








Russian realities: Magnitogorsk steel works 
(above), one of the largest in the world, shares the 
difficulties of alt Russian heavy industry. Red 
Square (above right ) is symbolically almost empty, 
but there are also symbols of hope, as in the 
Moscow fountain to the Friendship of Peoples 
(right). 





Russian Road to Buying Shares Can Be Difficult 


Investing in Russia is not a sim- 
ple matter. It requires caution as 
well as enterprise. 

For instance, Yuganskneftegaz, a 
huge oil company with reserves in 
Western Siberia and promising West- 
ern partnerships, could have Russian 
and foreign companies rushing to buy 
its shares if only it would let them. 
But in fact it only put 12.05 percent 
of its shares on auction in November. 


While Russia is selling off its mas- 
sive state industries to the public, 
majority share packages rarely hit the 
auction block, and many large enter- 
prises sell off less than 20 percent. 
The employees of most enterprises 
have used government compromises 
on privatization to obtain a control- 
ling interest before auctions start. The 
government also keeps a temporary 
holding in prominent industries such 


as oil companies and keeps them all 
but off-limits to foreigners. 

Economists and investors are con- 
fident, however, that die time is just 
around the comer when Russia really 
opens up to foreign capital Mean- 
while. they are putting their money in 
smaller companies that promise less 
profits but involve lower risks as well. 

Yuganskneftegaz made it difficult 
for one single outsider to gain a size- 


able chunk of the 12.05 percent it was 
offering by conducting the sale at 
exchanges all across Russia, accord- 
ing to its deputy director, Pavel Fyo- 
dorov. 

The government has banned foreign 
participation in primary auctions of 
oil and gas industries. 

As the government rarely uses its 

Continued on page 1 1 


. -e-L ' 


Alexander Utkin. 45 years old. Was bom in Tula. Worked as an 
engineer, economist and plant director. Studied market economics in 
Cologne and Geneva. Was rewarded with international prizes in Madrid 
and Puerto Rico for his activities in industry. In 1991-92 Mr. Titkin was 
Minister of Industries of Russia. 


Ladies and Gentlemen: 


9UMASK 

5tlbf<in 


IROSS 


Let me introduce Financial and Investment Company 
TIROSS” This company may be called unique in many respects: 
for its authorized capital size, projects scale, geography of 
activities, business organization. 

The company began its activities in a period that was very 
difficult for Russia. Without the dynamic development of science 
and technique, without the introduction of new technologies - in 
industry, power generation, agriculture - Russia will not be able to 
withstand the global challenges of the coming century and solve 
problems of competitive economics and the provision of a 
prosperous lifestyle for Russian citizens. Understanding the 
complexity of the situation, we attempted to constitute a company 
of a new type. This proved to be a wise decision. 

We managed during a short period of time to integrate all the 
healthy forces of Russian entrepreneurship in the spheres of 
industry and banking to forma favourable investment climate. 

We have developed effective mechanisms for project selection 
and evaluation, risks insurance, staff training, employment and 
many other systems, without which one cannot go ahead today. 

We have learnt a lot of useful things lately. Most important, 
we began to work, not to beg for help from the West. We stand for 
equal rights and constructive dialogue. Welcome to TIROSS 
company. We can do more, working together. 



Leader of Russian Business - TIROSS 
“Technologies & Investments in Russia” 

ts 3 TIROSS has integrated 

Russian entrepreneurial capital, directing it into the most 
effective projects in the chemical, construction, metallurgical and 
timber-processing industries, and into high-technology production 
and regional programs. 

*5* TIROSS has created 

a powerful financial and industrial group, numbering more 
than 300 leading Russian enterprises, banks and firms. 

■s* TIROSS possesses 

know-how for investment project selection and expert 
evaluation, and for the realization of projects. 

TIROSS became 

a pioneer in creating reinsurance companies, aimed to 
secure foreign investor's risks. 

^ TIROSS has set up 

contacts with large-scale business in Europe, Asia, America. 
We have signed long-term agreements for several programs! 
including conversional ones. 

We are sure of our future, because we work with guarantees. 
TIROSS is a true and reliable partner. 

Our address: 1 1. Sadovaya- Kudrinskaya. Moscow. 123231. Russia ~~~ — “ ~ 

Tel: (095) 252-1124 

Fax: (095) 254-5056 (Rus) Fax international: 7 502-224- 1092 

Telex: 412099 centr su 

Our representative office In USA: 

FIS International 

2865 So. Colorado Blvd. Suite 205. Denver. Colorado, USA 80222 

Phone (303) 691-2666 

Fax (303) 691-0703 









"*«s 




1 


.ADVERTISING SFrTrr\]w} 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, DECEMBER 8, 1993 


Page 11 

ADVERTISING SECTION 







s Rehabilitate Oil Industry 


®^®r» opening lucrative 

opportunitS? or f„™^ 

companies to rehabilitate 
J* cmmtry’s oil infra- 
sfrncture and develop 
new reserves. ' F 

I J? y ^ysiSv the 
industry needs help 

experts predict that crude 
oil output could fall as low 
&s 3Q0 million tons this 

year^from 394 million tons 

in 1992, while Russia's 23 ' 
major oil conglomerates 
have stopped production in 


30*000 wells. According to 
the trade magazine Russian 
Petroleum investor, Russ- 
ian ■ natural -gas giant 
Gazprom faces a-net loss of 
more than $2.7 billion this 
year. 

The U.S. Export-Import 
Bank recently answered 
Russian calls for foreign 
assistance by approving $2 
billion in credits for pur- 
chases of U.S. oil-drilling 
equipment and service con- 
tracts. In another positive 
move, the Russian govern- 
ment has speeded up nego- 
tiations for a $10 billion 
U,S. -Japanese investment 



into exploitation of a vast 
natural gas field off die 
coast of Sakhalin, a Russ- 
ian island north of Japan. 

Vadim Dormidomov, 
who manages foreign cred- 
it projects at the Russian 
Project Finance Bank, says 
he expects the U.S. credit 
deal to be implemented no 
later than May 1994, and 
that more credit agreements 
with the United States. 
Japan and Western Euro- 
pean nations will follow. 
The agreement will 
strengthen American oil 
service companies* position 
in the Russian market and 
will provide much-needed 
equipment to repair wells, 
he says. 

Future credit agreements 
will be essential for devel- 


Corp. recently announced 
that its Permaneft joint ven- 
ture hit a gusher in the far 
northern Timan-Pinchora 
basin, and it is seeking 
investment to develop the 
find. DuPont subsidiary 
Conoco has received 
pledges of $200 million 
from world financial orga- 
nizations to develop a 100- 
million-barrel field in the 


Off the coast of Sakhalin Island, north of Japan, prepara- 
tions are made to exploit a vast natural gas reservoir. 


oping new reserves, says 
Mr. Dormidomov, because 
even the wealthiest oil 
companies cannot afford 
the risk of funding projects 
in Russia alone. 

“New development re- 
quires a lot more money 
than rehabilitation,” he 
says. “The best place to 
borrow it is from govern- 
ment agencies and multilat- 
eral organizations.” 

Nonetheless, some pri- 
vate Western oil companies 
- mainly American - are 
moving ahead in joint ven- 
tures with Russian firms. 
Anatoly Fomin, deputy 
minister of fuel and energy, 
says that oil exports by 
joint ventures will reach 1 1 
million tons this year, com- 
pared with 4.5 million tons 
in 1992. More than 40 joint 
ventures have been set up 
in Russia to restore aban- 
doned oil fields, exploit 
new ones and resolve eco- 
logical problems, he says. 

Occidental Petroleum 


same region. 

Foreign financial organi- 
zations find Russia's ener- 
gy sector attractive because 
Russian oil and gas projects 
can earn the hard currency 
needed to pay back loans. 

"The energy sector is a 
place where investment can 
be done with minimal risk," 
says Roger Gale, Moscow 
director of the International 
Finance Corporation, an 
arm of the World Bank. 
“We feel confident it will 
be a very viable sector for 
private investment.” 

The World Bank has 
approved S6I0 million to 
restore up to 1 .300 wells in 
Western Siberia, and the 
European Bank for Recon- 
struction and Development 
has approved another $342 
million for further rehabili- 
tation projects. 

The total investment so 
far. however, does not 
come close to what is need- 
ed. Prime Minister Viktor 
Chernomyrdin has estimat- 
ed that Russia, which con- 
tains one-third of the 
world’s hydrocarbon re- 
sources, will require about 
$65 billion by the year 
2000 just to restore the 
nation's oil production 
capacity, let alone develop 
new reserves. 

Many Western execu- 
tives complain that Russia 
has too many restrictions 


on foreign firms*and too lit- 
tle political consistency to 
make investment worth- 
while. But the government 
could change that, says Mr. 
Dormidontov. by graniins 
tax exemptions, increasing 
oil export allowances, 
waiving restrictions on 
hard-currency earnings and 
clarifying laws on foreign 
participation in the energy 
sector. 

“The government is real- 
ly willing to create a fa\or- 
able environment." he says. 
President Boris Yeltsin lias 
already removed barriers 
on domestic fuel prices that 
had made selling gas and 
petroleum productsin Rus- 
sia unprofitable. 

In any case, Mr. Dormi- 
donLov says, foreign 
involvement in Russia's 
energy industry has already 
gone too far to be reversed. 
“Wherever you go in 
Siberia," he says “you will 
find an American firm.” 

Mark Whitehouse 



Producing oil and gas in Siberia: More than 40 joint ventures (mostly with U.S. 
are helping to exploit Russia's rich resources. 


investors i 


EC Aid Program Grows in Complexity 


This is a testing time 
for Russian Industry. Bnt 
among the stories of dis- 
asters, there are also sto- 
ries of successful adapta- 
tion. 

For instance, when the 
engine production fine of a 
huge truck factory In 
Tatarstan was ravaged by a 
fire in April, many thought 
the plant was a write-off, 
rendering 170,000 workers 
jobless and leaving 230,000 ; ... 
trucks without an engine. 

Only four months later^ 
however, foreign investors .; 
competed fiercely for toe 
job of helping the KamAZ.' . 
plant build a new produc- . 
don fine for 50,000 engines 
a year. 

After many decades : 6f 
state plannings many Russ- •; 
ian factories were left at a 
loss when subsidies were 
slashed and .government 
orders stopped coming. 
Russia's heavy industry .in- 
particular has found it has . 
little to offer a fledgling 
market economy. 

Some other industries, 
however, have launched . 
promising new products 
and have attracted foreign 
investors to help pay for toe 
upgrading of equipment. In 
the huge defense ■ sector, 
aerospace industries make 
up for a chop in state orders 
by selling abroad, while 
others find that conversion 
pan help them tap new mar- 
kets. 


Joint production, com- 
bining west© 


^ Western and Russ- 
ian technological strengths 
with cheap labor and a 
promising market, are the 


most popular form of for- 
eign investment • 

■ KamAZ picked U.S. 
engine-maker . Cummins 
Diesel for a new joint ven- 
ture that will produce 
50,000 truck engines a 
year.. Mercedes Benz,.. 
Caterpillar and Detroit 
Diesel hid for the project as 
well but r Jost out to Cum- 
mins* offer to invest $300 
million and supply engines 
until the new production 
line gets xbllihg.-- 

Cummins '.will -help 
KamAZ modernize its 
tracks and launch a new, 
heavier model that meets 
European standards and 
should boost toe Compaq 
ny’s export revenues, 
according to KamAZ Gen- 
eral Director Nikolai Bekh. 

The aerospace industry, 
toe pride pf Soviet military 
might, has proven one of 
toe most attractive invest- 
ment opportunities to for- 
eign investors. 

Piatt & Whitneiy joined 
up with aircraft engine pro- 
ducer Kfimov Carp. in St. 
Petersburg to make gas tur- 
bine engines for civil air- 
craft, hoping to combine 
top-rate Russian fuselages 
with Western engine tech- 
nology. 

KJunov has the monop- 
oly in this market, says 
Alexander Saridsov, gener- 
al director of Klimov. 

Pratt & Whitney also 
supplies engines for toe 
new wide-bodied airbus of 
aircraft giant Ilyushin and 
hopes to start producing 
them locally with Perm 
Motors- 



In St. Petersburg, a factory that once produced missiles 
now turns out refrigerators and vacuum cleaners. 


With 40 percent of heavy 
industry and 10 percent of 
the work force dedicated to 
defense, conversion can be 
a promising business. 

. Baxter Healthcare Corp. 
started a joint production 
fine of surgical clamps in a 
plant that used to make 
missile-guidance systems. 
The venture will employ 
only a fraction of the 8,000 
workers who used to work 
in toe factory, but for 
Yevgeny Yegorov, deputy 
general director of toe joint 
venture, toe project means 
that at least 150 families 
will have a guaranteed 
source of income. 

Others also find they can 
use toe strength of their 
military technology in 
civilian production tines. In 
a joint venture with Asea 
Brown Boveri, Saturn fac- 


tory found that it can make 
gas turbines for electric 
power plants just as well as 
the turbines it used to make 
for military jets. 

Despite the economic cri- 
sis, quite a few Russian fac- 
tories have been able to 
cash in on liberalization of 
exports and are buying up 
Western equipment rather 
than waiting for foreign 
investors. 

The German metallurgy 


equipment producer Man- 


nesmann AG, for instance, 
signed a $46 million con- 
tract with the Chelyabinsk 
tube plant in Siberia to sup- 
ply toe new tube mills for 
toe plant The mills replace 
equipment that Mannes- 
man sold to toe Soviet 
Union in 1932. 

Mikhail Dnbik & 
Sander Thoenes 


Difficult Road to Buying Shares 


Continued from page 10 


shares to influence man- 
agement, Yuganskneftegaz 
workers have gained de 
facto control of their com- 
pany, according to Boris 
Bakal, consultant to the 
International Finance Cor- 
poration, which assists the 
privatization campaign. 

That could be bad news 
for potential investors and 
for toe company as well. 

“Giving the majority 
share to the employees 
does not promote more, 
efficient enterprise, Mr. 
Bakal says, as workers 

block necessary cost-cut- 
ting measures that coul 
threaten their jobs. 

Mr. Fyodorov says that 
his company is unwilling t 
grant control to outside 
Investors not only because 
they might fire employees 

SS, because they rm^t 

slash the company s comn 
bution to social services. 

In toe oil town of 

Nefteyugansk, the c ?F 1 Pp. 

ny supports hospitals and 
:hat the govern- 


ment has yet to fund. 
Another reason for Mr. 
Fyodorov’s distaste for out- 
side investors is that toe ini- 
tial privatization auctions 
do not give the company 
any cash. 

Shares can only be 
exchanged for privatization 
vouchers, which toe gov- 
ernment distributed free of 
charge to all 150 million 
Rushan citizens last year. 
Many citizens have sold 
their vouchers to invest- 
ment funds, which are 
eager to . gain control of 
promising enterprises such 
as Yuganskneftegaz. 

According to Jane Diet- 
ze, in charge of small-scale 
privatization for the Inter- 
national Finance Corpora- 
tion in Moscow, potential 
investors will have to wait 
until shares become avail- 
able on secondary markets, 
probably at much higher 
prices. 

Meanwhile, investment 
companies such as TIROSS 
are putting their money in _ 
smaller enterprises that are 
less hostile to outside 


investment. Alexander Tit- 
kin, president of TIROSS, 
says that he has opted to 
spread the risks by buying 
small share packages in a 
wide range of companies. 

As long as there are no 
safeguards or state guaran- 
tees on investment in Rus- 
sia, he says, “it is better to 
take lower profits on lower 
risks.” 

Food processing firms 
and ofi refineries are among 
the most promising invest- 
ments, according to Mr. 
Titian, because they make 
goods th at wil l always be in 
demand. TIROSS not only 
invests money but also 
offers to deliver Western 
equipment in return for 
shares. 

In some cases, worker 
ownership appears to work 
quite well. Since it was pri- 
vatized last summer, the 
TsUM general department 
store in downtown Moscow 
changes face almost daily, 
with new sections and 
impressive window dis- 
plays Opening up to pro- 
mote upscale Western 


clothing, perfume and elec- 
tronics. 

Like the workers at 
Yuganskneftegaz, the 
3,000 employees of this 
famous store obtained a 
majority share in their com- 
pany. Only 29 percent of 
shares in toe store were 
sold to the public, with 
TsUM staff bidding active- 
ly against investment com- 
panies. 

The largest outside 
investor, a Moscow-based 
investment fund, managed 
to get only 4 percent of 
shares. 

Unlike most other firms, 
however, TsUM can get 
financing for badly needed 
repairs without losing con- 
trol of the company: It leas- 
es parts of toe store to small 
foreign and Russian shops 
eager to lap into toe boom- 
ing Russian consumer mar- 
ket 

“All outside influence is 
detrimental to toe stone," 
says General Director Ana- 
toly Metyolkin. “We run 
the shop.” 

S.T. 


For some Western 
entrepreneurs, assisting 
Russia has proved diffi- 
cult, and conducting 
business in the country 
even more so. But new 
forms of trade with and 
aid from the EC are 
helping. 

The EC’s programs for 
Central and Eastern Europe 
have a way of expanding in 
scope. As its name would 
suggest, PHARE (Poland 
Hungary Aid for toe Re- 
structuring of Economies) 
was originally destined for 
Poland and Hungary. 
Today, it has grown into a 
full-fledged assistance pro- 
gram for the entire region, 
apart from toe Soviet 
Union's successor states. 

That is where TACIS 
(Technical Assistance to 
toe Commonwealth of In- 
dependent States) comes in. 
The program's initial con- 
cept was for small-scale 
teams of expert consultants 
to provide expertise to indi- 
vidual development pro- 
jects undertaken by the 
CIS's local and regional 
public authorities. 

Three years and more 
than 1.3 billion Ecus later, 
TACIS is an essential ele- 
ment in Russia's develop- 
ment efforts. After evaluat- 
ing die safety of the coun- 
try’s nuclear reactors, 
experts commissioned by 
TACIS are now about to 
implement improvements 
in power-plant operating 
systems. TACIS funds 
have been used to fund 
law-formulation sessions 
and toe establishment of 
entire vocational training 
systems. 

According to Anton Ren- 
ders, staff expert on CIS 
finances and assistance at 
Dusseldorfs EC informa- 
tion office, this growth has 
been partially unplanned. 
‘TACIS experts were sup- 
posed to arrive in Russia 
and help solve a series of 
discrete, highly specific 
problems. Upon arrival, 
they found out that their 
first job was to determine 
toe nature and extent of toe 
problems themselves.” 
explains Mr. Renders. 

And that, according to 
Russia experts, is a highly 
complex, lengthy process. 
Nonstandard responsibili- 
ties for Russia-based EC 
development experts in- 
clude the securing and 
compilation of basic data 
and canvassing for local 
support. 

Abel Matures, head of 
the EC Commission’s 
directorate of energy and 


transport, says that EC 
experts have been success- 
ful in making an approach 
based on nonstandardized 
solutions work. He gives 
toe EC's individual pro- 
gram staff high marks for 
their ability to come up 
with coherent courses of 
action in confusinc situa- 


tions. 

This supply of resource- 
fulness and of outside 
financial and market re- 


Patience needed in 
waiting for returns 


the board of management 
of Lurgi Energie und 
Umwelt GmbH, which sup- 
plies technologies and 
equipment to Russia. 

As he explains, in addi- 
tion to procuring siart-up 
finance, Lurgi 's side of toe 
deal may involve toe deliv- 
ery of equipment needed by 
its Russian partner for ils 
production facilities. To 
secure its payment, Lurgi 
may also have to organize 
the transport and marketing 
of its Russian partner's 
products, and toe settling of 
related financial Iran sac- 


sources is also a requisite 
for Western companies 
active in Russia, according 
to Hans Schreiber, director 
of Metal Igesellschaft AG. 
The Frankfurt-based com- 
pany has been one of Rus- 
sia's major trading partners 
for more than nine decades. 
It currently transacts busi- 
ness worth 1 billion 
Deutsche marks a year with 
the CIS. Metallgesell- 
sc haft’s plant and mechan- 
ical engineering subsidiary, 
Lurgi AG, has built over 
300 industrial and energy- 
generating facilities in the 
CIS countries. 

Mr. Schreiber says many 
capital expenditure projects 
depend on fends from such 
EC financial institutions as 
toe European Bank for 
Reconstruction and Devel- 
opment, which has autho- 
rized credits for three ener- 
gy plants and an oil extrac- 
tion project in Russia dur- 
ing the first nine months of 
1993. They also depend on 
a large supply of resource- 
fulness: Germany’s author- 
itative Ost Wirtschafts- 
report biweekly has assem- 
bled a forbidding checklist 
of 12 problem areas facing 
investors setting up busi- 
nesses in Russia A sample: 
“Prepare yourself to con- 
tend with conflicts and 
rivalries as to which orga- 
nizations are to supervise 
your project.” 

For companies, this 
resourcefulness is indis- 
pensable when arranging 
payment. According to Ost 
Wirtschaftsreport, felly 50 
percent of the West’s $5 
billion in exports to Russia 
in toe first half of 1 993 was 
financed by “counter- 
trade.” This term describes 
barter and other tied trade 


uons. 

In view of the costs in 
personnel time and corpo- 
rate resources arising from 
this complexity, are such 
deals worth a company's 
while? “For companies 
with well-developed trad- 
ing outreaches and large 
portfolios of applicable 
technologies, my answer 
would be a qualified yes,” 
says Mr. Plass. He adds: 
•‘It’s not a high-profit, high- 
volume, immediate return 
type of business. Patience 


and a feeling for long-term 
opportunity are required." 

The long-term opportuni- 
ty is definitely there. For 
Wesiera exporters. Rus- 
sia's S3 85 billion need for 
environmental protection 
facilities over toe next eight 
years is undoubtedly of 
pertinent interest. On toe 
other side of the coin, 
according to one expert’s 
report, Russia has “an irre- 
sistible trove of natural 
resources" to offer world 
markets. 

Equally appealing to 
these markets, according to 
Mr. Schreiber. are Russia's 
scientific breakthroughs. 
Mr. Plass agrees. “We are 
currently assisting a num- 
ber of Russian partners in 
marketing innovations in 
such fields as material 
treatment and space tech- 
nologies.” he says. 

“By any standards, they 
have world-class technolo- 
gies. The trick is to turn 
these technologies into 
commercial, marketable 
products.'* 

Terry Swartzberg 


agreements. 

“Counter- trade does not 
suffice to describe the 
scope and complexity of 
current payment arrange- 
ments in Russia,” says 
Ludolf Plass, member of 


This advertising section was produced in its entirety 
by the supplements division of the International Herald 
Tribune’s advertising department • Steve Liesman. 
Sander Thoenes, Mark Whitehouse and Mikhail Dubik 
are on the staff of Moscow News, toe English-lan- 
guage daily published in Moscow. • Terry Swartzberg 
is a free-lance writer based in Munich. 


For further information 
on advertisers in this section, 
please contacts 


Wolfgang Lauterbach, International Herald Tribune, 
Friedrichstrasse 15, 60323 Frankfurt Main, Germany. 
Tel: (49-69) 72 67 55 - Fax: (49-69) 72 73 10 


or 


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-^^ns^os^gN 

Farmers in 

Frontline 

Of Reform 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, DECEMBER 8, 1993 


Page ; 

ADVERTISING SECTION 



Tourism: Unexpected Adventures 


agric^tund ^3? boosted 

autumn 

ing privSf^^ tereemtroda ^ 

Riw b« t ^ n d°2 ners Wp to 
AteSfR * ™* transformation of 

“ST* U*“>jMta deStt? WlU ***** 

attempt to^v^ 11 "™ 1 ^ ambitiou s 

tion, key to econSnl^reforms* 1 ^ ^ arvesting ^ v; ^ minion Russian farmers face the challenge of reform. 

^ven^te^risS^fSSH^hito - P ri V ate . agricultural and food 

to going it alone. h..r £ 


going i t alone’; but Sam w ' Tt businesses, says Arkady 

_“ l .. ran “ ers tl Zlochevsky, chief executive of Rus- 


Haac 7 *«ujucrs say it 

of ^ Pen in October, 
if 1 " gave the cou ntry's 20 

ft^nft£ r S ,er ? **“ chance 10 break 
™ ° f *** Soviet-era collective farm 

woSforVe^^ lMdtheyhave 

Vladimir Bashmachnikov, presi- 
aent of the association of private 
farmers, says that the decree’s major 
benefit was in enabling fanners to get 
Joans through mortgages and enlarge 
their farms. And. the decree was only 
the most striking of a series of 
reforms to the agriculture sector. 

The government has also dropped 
subsidies on grain prices* stopped 
subsidizing agricultural loan repay- 
ments and announced it will end 
forced state grain purchases by the 
end of the year. 

The ending of subsidies to millers 
has forced up the price of bread. In 
Moscow shops, itlias nearly doubled 
since September to 250 rabies ($0.21) 
per loaf, and bread and grain analyst 
Arkady Gurevich predicts that the 
price will go up to 300 rubles by the 
end of the year. 

On the other hand, the loosening of 
state control on grain production -will 


sia s biggest private grain trading 
company, OGO. 

Mr. Zlocheysky says that his com- 
pany nearly tripled monthly sales, to 
about $8 million. While the stale 
remains Russia's biggest grain pur- 
chaser, controlling about 75 percent 
of the market, Mr. Zlochevsky pre- 
dicts that the inefficient state system 
will soon collapse, allowing private 
traders to expand. 

The reforms have a long way to go. 
The 26,700 state and collective farms 
in Russia still account for over 90 per- 
cent of all agricultural land, while 
1 84,000 private family farms occupy 
only 3.9 percent, according to a recent 
World Bank study. 

Farmers who do manage to set up 
on their own sometimes find their 
access to the market blocked by 
monopolistic distribution and pro- 
cessing industries, which set pnces 
and prefer to do business with old 
allies in the state farms. The govern- 
ment is planning to give credits to 
new private produce auctions, bur ir 
can do little to break up the monopo- 
lies. 

One of the first experimental farm 
privatization projects, involving six 
former state firms in the Nizhny Nov- 


gorod region, has had only limited 
success. 

Under this pilot project, expected to 
be the model of agricultural privati- 
zation for the entire country, tanners 
receive entitlement certificates that 
can make them owners of part of the 
land and property of the collective 
farm. They can use these certificates 
to bid for sections of the farm at spe- 
cial auctions or sell them to col- 
leagues. 

At the first such auction in Novem- 
ber, the Pravdinskaya firm in Nizhny 
Novgorod was divided into nine 
smaller business units. 

Many farmers were skeptical about 
the project. “Who can prove that they 
won’t take our land away from us 
next month, just like they (fid in the 
past,” was the comment of a tractor 
driver at the Niva farm near Nizhny 
Novgorod. 

State farm directors have defended 
attempts to keep their collectives 
intact by arguing that, after years of 
total state control over agriculture, 
farmers have lost interest in the fonts 
of their labor and would not succeed 
on their own. The director of the Niva 
farm, Mr. Mikheyev, is more opti- 
mistic. “Our people have forgotten 
how to think,” he says, “but I am sure 
that they will recover step by step.” 

MJ). 


The end of Soviet-era travel 
restrictions in Russia has opened 
new opportunities for both visitors 
and the Russian tourism industry. 

The state monopoly IntourisL once 
the obligatory host to a!! foreign 
guests, now faces competition from a 
number of foreign and private Russ- 
B ian travel agencies and Western hotel 
s chaias. Western airlines land daily in 
® both Moscow and Sl Petersburg and 
= offer an alternative io the sometimes 
E alarming Aeroflot flights, 
o .Dean Bree.si, spokesman for Delta 
Air Lines, says. “Moscow is a good 
market for Delta because of its high 
yield. We are also very optimistic 
about the lens- term prospects of 
Moscow and the emerging economies 
of Eastern Europe.” Delta has a year- 
round service to Moscow and a* sea- 
sonal service to St. Petersburg. 

New travel destinations and options 
are attracting new kinds of tourists, 
whose interests go beyond Lenin's 
Tomb and the Kremlin." “As of 1993, 
there has been a resumption of inter- 


Banks Have Vital Role in Expansion 


No sector has experienced 
greater growth in the new Russia 
than the banking, financial, and 
security industries. These were, 
after aD, the major industries that 
did not exist during the Soviet 
Union. 

From one state bank during the 
Soviet era, the Russian banking 
industry has exploded to over 1,800 
institutions in the five years since it 
was liberalized. Stock exchanges, 
currency exchanges, commodity mar- 
kets and a lively trade iir privatization 
vouchers have also begun to play a 
role in the emerging market ecoaomy. 


plans to trade the new currencies of 
the other nations of the former Soviet 
Unions 

The government also began to sell 
. three-month treasury bills for the first 
time, using them to fond the govern- 
ment deficit instead of printing rabies. 
The government plans its biggest 
issue ever io December, which offi- 
cials say could be as much as 90 bil- 
lion rubles ($73 million), and the gov- 
ernment might begin selling six- 
month bills as well A secondary mar- 
ket is allowed to trade the bills three 
timesaweek. 

The government has also issued 1 


Their impact so far has been limit- - billion rubles worth of gold-backed 


ed because of Russm’s nheyentEansir 
tion. The country is suffering ftom the 
vagaries of an economy that is no 
longer centrally planned y et not quite 
free. High inflation, deficiemproiper- 
ty and securities laws and, most of all, 
a lack of knowledge have kept these 
new markets from having the impact 
they do in the West - "•/ 

Still, their very existencejs a sharp 
contrast from even two years ago. 
Currency conversion,' once ri, 
controlled by the staie,.is now 
died at several fi^ign exchanges that 
have sprung up in the country and. at 
thousands of bank-owned and inde- 
pendent money-changing booths, 
sometimes holed up beneath a stair- 
well. 

At the country’s leading exchange, 
the Moscow Interbank Currency 
Exchange, an estimated $55 million 
is traded during five sessions per 
week. The exchange, which only 
opened in July 1992, also trades 
Deutsche marks and is working on 


bonds, for which a secondary market 
.is developing. 

Most important, the foundation for 
an equity market was created when 
the government issued privatization 
vouchers to every Russian citizen as 
part of the largest state sell-off in 
human history. A lively trade has 
developed in vouchers at a series of 
stock exchanges in Moscow, St. 
Petersburg, Ekaterinburg, Vladivos- 
!y " ' lock and elsewhere in the country, 
i- ’ Limited stock and commodities 
markets have developed at these 
exchanges, offering everything from 
ruble 'futures to new airplanes. 

The banks themselves have played 
only a small role in financing new 
businesses. With new banking laws 
passed in 1988, every large state insti- 
tution, academy or enterprise opened 
its own branch. Of the 1,800 banks, 
most are small and not well capital- 
ized. But even the largest ones have 
been reluctant to lend, given the 
uncertainty of property laws and the 


Questions Russia Must Answer 

> a j/i nrv» nf thncp areas is comfortably. Russia needs the ct 


high inflation rate. The largest bank. 
International Moscow Bank, has 
assets of more than $3 billion but 
made loans of only $55.44 million in 
1992. The track record for IMB, 60 
percent owned by five foreign insti- 
tutions, is similar to the other big 
Russian banks. 

Despite their low lending ratios, 
many of these banks have been high- 
ly profitable. Dialog Bank, which is 
half foreign -owned, expects to earn 
$8 million this year on assets of $150 
million. 

The banks have made their profits 
largely through foreign exchange, 
taking rabies and turning them into 
dollars and investing them overseas. 
They also charge high fees to cus- 
tomers for currency conversions and 
wire transfers. 

Hoping to cash in on the lucrative 
market, a dozen foreign banks sought 
and have been granted operating 
licenses. But Russian banks, fearful 
of the competition and hoping to pro- 
tect their turf, strongly objected, and 
President Boris Yeltsin recently 
signed a decree limiting most of these 
to serving only foreign clients. 

The banking sector, still antiquated 
by Western standards, would 
arguably develop faster with foreign 
banks active and operating. Next year 
should see dramatic improvements, 
particularly if inflation can be con- 
trolled. The World Bank, the Euro- 
pean Bank for Reconstruction and 
Development, the European Commu- 
nity and other international organiza- 
tions have all allocated substantial 
sums to help overhaul the financial 
industry. SX. 


mtinued from page 10 


*ts or not remains to be 
i. Mr. Fyodorov 
lowledged iri a recent 
s conference that a 
h-tou ted July presi den- 
spending freeze was 
;Iy ignored. 

[ready, public pressure 
owing after the govern- 
t stopped granting sub- 
bed credits to industry, 
energy and agricultural 
ctrs have been among 
lardest hit and there is 
that limited strikes at 
fields and coal mines in 
ember could grow if 


One of those areas is 
trade, which has experi- 
enced a comeback in the 
past year. The govern- 
ment's 1994 economic plan 
calls for reducing the 
state’s share of exports by 
300 percent, cutting export 
taxes by 50 percent and dis- 
mantling the export quota 
system, which limits the 
amount of some raw mate- 
. rials and other products that 
can be sent abroad. 

The quotas act as bidden 
price subsidies by guaran- 
teeing that certain products, 
such as fuel and metals, are 


comfortably. Russia needs 
an estimated $30 billion to 
$50 billion annually in for- 
eign investment, but 
because of the vagueness of 


the country's laws and its 
political instability, it 
attracted only about $1.5 
billion in 1 992. 

Steve Liesman 


nber could grow it sold within the domestic 
-vemment continues market at the lower domes - 
p a tight hold on the ticgrice. 


Russia’s smooth transi- 

lovember, unemploy- tion to a market economy 
2 <Joed up to just over depends, on the answers to 
ent of the work force,’ . two questions: 

SrSo the firet ■ The first is i whether itrfte- 
ise’in five months, tion can be brought under 
ederal Labor Service control the. counfrys 

Hdie increase on the currency stabilized. The 
iiSoSfcyffld said ruble had remained at 
i iJmSr of iob- around 1,100 to the dollar 
mud? higher - 'since the summer but lately 

bty closer to^ mil- g.S’KffSfflSffi 
-—-SS5 question is 

SS&fc atwss 

“ 8 ‘wor "tower provide a sable legal, ax 

argue tor r s amumnmont 


rg 5 C f^ aLuer pro- and political environment 

^EfS*. -^v h ,T busincss ' 


eformers say that 
ayment is necessary 
workers will move 
ductive areas. 


Uliuv* - . - 

es can thrive, international 
financial agencies can feel, 
comfortable making loans 
and foreigners can. invest 



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1 


Western airlines 
challenge Aeroflot 


est in Russia.” says Igor Grymov. 
managing director of Apex Travel in 
Moscow. “We have three times as 
many customers.” 

Members of the American Society 
of Travel Agents gave rave reviews 
to recent improvements in Moscow's 
tourist industry. “Everything was 
wonderful,” says David Love, chair- 
man of a group of 44 agents who 
made an inspection tour earlier this 
year. “Our guides were wonderful, 
and the food was great.” The only 
major complaint among the visiting 
travel agents was that hotel rates were 
too high for the serv ice offered. 

Bustling Moscow and historic Sl. 
Petersburg remain the most popular 
destinations, with day trips to ancient 
monasteries and magnificent palaces. 
But more and more Russian and for- 
eign travel agencies are catering to 
adventurers: They invite them to take 
a helicopter tour over Lake Baikal, 
get on a whitewater raft in Siberia or 
explore volcanic wilderness on the 
Far Eastern peninsula of Kamchatka. 
With U.S. hotel chain Radisson open- 
ing a lush hotel in the Black Sea 
resort of Sochi, self-indulgent beach 
holidays will soon be an option in 
Russia as well. 

Even Intourist is cashing in on the 
new trend, according to Vladimir 
Braginsky, assistant to the company's 
president. “Before, we turned down 
any request that did not strictly con- 




11 


The onion lowers of a church in Kargopol, one of many interesting tourist sites 
outside the main cities of Russia. 


form to our set itineraries," he says. 
“But now we’re letting people know 
that we can take any special request.” 
Reindeer safaris to Arkhangelsk and 
tours of the North Pole are now just a 
matter of money and time. 

For longer trips, Moscow travel 
agencies provide connecting flights to 
the neighboring republics. The 
Crimea peninsula is popular for bicy- 
cling trips and offers a majestic beach 
resort, once reserved for top Commu- 
nist Party officials, near Yalta. 
Ancient Muslim temples dot the land- 
scape in Uzbekistan, splendid moun- 
tain ranges cross Kyrgyzstan, and the 
Baltics offer the history and charm of 
Central European towns. 

Those worried by newspaper 
reports of rising crime rates should 
remember that Russia is only catch- 
ing up with the West, not overtaking 
it. “Moscow is a big city, like New 
York or London, where you have to 
be careful." says Ronald Gebhardt, 
manager of the Dutch travel agency 
Perestroika Reizen. “In New York. 


you are not going to take a night walk 
through Central Park, and the same 
holds true for Gorky Park.” 

While unofficial cab drivers crowd 
the streets of Moscow and Sl Peters- 
burg to offer a ride anywhere in a 
matter of minutes, tourists should 
trust only licensed yellow cabs and 
the excellent public-transport system. 
In earlier years, tourists could cut 
their expenses by changing dollars on 
a bustling black market: these days, 
travelers can avoid the risks of fake 
bank notes and armed robberies by 
using licensed banks, which often 
offer better rates than street traders. 

October's violent siege of the par- 
liament building in Moscow did little 
to boost tourism, but James Kober. 
vice president of the American 
Express travel agency in Moscow, 
says that visitors to Russia have 
always had a sense of adventure. In 
one hotel near the fighting, for 
instance, some tourists refused to be 
evacuated because they were enjoy- 
ing the spectacle. S.T. 



Environmental Systems 
and Components. 


The Group’s urban cycle of activities and achievements using Frankfurt am Main as an example. 


Goods supply and disposal. 
Cogeneration plant at trade fair site. 
Refuse-fired cogeneration plant (Nordweststadt). 
Frankfort-West cogeneration plant (Gutleurviertd). 
Biological waste water treatment plant (Niedcrrad), 


Biological waste water treatment with sewage sludge 
incineration (Sindlingenj. 


River Main water treatment projecL 
Water supply and sewage disposal systems. 
Heating systems for domestic households. 
Tunnel construction. 

Reprocessing of residues. 

Site remediation - cleanup of contaminated soils 
and groundwater. 


METALLGESELLSCHAFT AG 


Reuicrweg 14. D-60271 Frankfurt am Main 
Telephone (69) 159-0, Telefax (69) 159-2125 
Telex -1 1225 0 mgfti 


m 


MOSCOW REPRESENTATIVE OFFICE 


Kornvv val 7. Office No. .5. 1 17in9 Musomv 
Telephone I7iw) 2572 JA. Telefax 

Telex 41 55 -H ms mi 


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International Herald Tribune, Wednesday, December 8, 1993 




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Page 15 


SSSSSSSrKSi 



The Mu teaks US. tUar rates of ttocka Ik 'Tokyo, Naur Yartt, London, and 
AignBno, AnstraHa, Austria, Btegfam, Brazil, Cmd\ CM*. Dmmarfc, Roland, 
Franco, Garnmqr, Hong Kona «■*, M<nlco, rMhartwKta, Nmr Zantmd, Norway, 
angopora, Spate, Wwntten. Swtaartend ted Vnamate. For Tokyo, New Yode and 
London, the Max ht composed of the 20 lop lasooa In terns of maricat u apkaM taB o n 
otherwise the ton top stocks am tracked. 


1 Industrial Sectors [ 


INb. Hk * .• 

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10758 10757. 4IM8: CRpiWGoodi 

; 105.79 105.40 4028 

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11629 tlSLOS +1.07 ■ ; Itew IMntate - 

10754 107.40 4050 

Rnanra 

11322 112^2 40.71 CoBMMfffloodl 

96j80 95.46 +1.19- 

Sanricra 

11823 11759 +054 MhCT—W - 

129.19 12153 +153 

For mom ktfamaBon about tim MaKatooktottoavafablefmBOfchBige. 

Write to Tab Index. 181 Avenue Chafes do Gsutc, 32521 Neu&y Codex, France. 


Bonn Sets 
Pact With 
Paris on 
Telecoms 


BRUSSELS — Europe’s two big- 
gest tdeoommimcaiioos provider, 
m Germany in France, unveiled 
plans Tuesday For a venture to carry 
global business communications. 

Deutsche Bundespost Telekom 
and France Telecom, announcing 
the si gning of a mwm wi TO of 
unders tanding , said talks on ao ad- 
ditional Hnk with American Tek- 


.0 Pntemiitkmal Herald Tribune 


telecommunications con- 
cern, would be concluded soon. 

Telecommunications companies 
are racing to form affiances to cre- 
ate companies big enough to offer 
multinational corporations the 
communications they need to link 
their worldwide operations. The 
French-German accord seeks to 
ensure a place for a large European 
company in the world market 

Their alliance falls far short of a 
merger but links virtually all of 
each company’s voice and data ser- 
vices for corporate networks. 

“The joint venture between 
France Telecom and Deutsche Tele- 
kom creates a future-oriented foun- 
dation to establish a European glob- 
al player on the world telecom- 
munications market,” said Deutsche 
Telekom Chairman Helmut Ricke. 

The new company, which has not 
yet been named, mil be based in 
Brussels and is expected to have 
sales of around 1_5 billion Europe- 
an Currency Units (51.69 billion) 
in 1995, its first year of operations. 

Its French and Goman owners 
to invest 1 billio n Ecus by 
The company, which is to 
have about 4,000 employees by 
1995, would integrate the existing 
French-G erman corporate-net- 
works venture, Eunetcom, and 
France’s data- transfer business. 
Transpac, and Deutsche Telekom's 
Datex-P network. 

But Mr. Ricke. seeking to 
counter market speculation of a 
full merger of Europe's two biggest 
telecommunications concerns, add- 
ed, “We are not talking about 
merging the core businesses erf our 
companies, but rather about indi- 
vidual markets.” (Reuters, AP) 


Lloyd’s Settlement Offer 

£900 Million Offered to End Claims 


By Erik Ipsen 

Imenuiatmal Herald Tribune 

LONDON — Lloyd’s of Lon- 
don attempted to digitsdf out of 
its vast legal hole on Tuesday by 
unveiling a settlement that 
would give its members £900 
million in return for agreeing to 
drop claims totaling £32 billion 
against the insurance market. 

But representatives of the 
members said they would recom- 
mend rejecting the proposal, 
which is worth about S1J5 bil- 
lion. 

“We believe that the offer is 
very much in the interests of all 
members,” Chairman David 
Rowland of Lloyd’s said at a 
news conference. 

Reaction to the plan was swift 
and scathing. “This whole thing 
is an exercise in mirrors and 
nothing more,” said Christopher 
Stock well, chairman of the 
Lloyd's Names Associations 
Working Party, the so-called su- 
per group representing 17,000 
Lloyd's members with suits 
pending against the market. Mr. 
StockweU called the offer grossly , 
inadequate and pointed out that ’ 
he had aimed for £2 billion, plus 
a cap on future losses. 

Evidence of the gap that now 
separates Lloyd’s from its mem- 


bers came in Tuesday’s final re- 
port erf the Financial’ Panel, one 
of two comiltees set up last 
spring to oversee the drafting of 
a settlement. All three members 
of that panel who represent 
names — the wealthv individuals 
who provide the market’s capital 
— refused to sign iu 
In a letter to the panel's chair- 
man. they charged that in an st- 


eadies* years of costly legal 
wangles was viewed as" poten- 
tially ruinous for the market. 
That is no longer the case, ac- 
cording to most people f amili ar 
with the market. 

Whw has changed is that 
Lloyd’s has now thrown the 
membership door open to corpo- 
rations beginning in 1994 and 


has surprised even itself with the 
le erf its sin 


scale i 


Representatives 
of the names 
called the offer 
grossly 
inadequate. 


tempt to rush to a conclusion 
insufficient work was done in an- 
alyzing member’s claims. 

Lloyd’s said it needs 70 percent 
of names to accept its offer, but 
the betting is that the insurance 
market will fall weO short of its 
goal. “The difference between 
what is on the table and what 
could be available through the 
courts is just too great,** said one 
London-based insurance analyst. 

As recently as last summer the 
prospect of no settlement and of 


success. Already cor- 
porations have pledged £860 mD- 
iion to the market, shoring up its 
badly eroded capital base. 

“If the names reject the settle- 
ment. it win not impact the confi- 
dence or corporations,” predict- 
ed Charles Ironside, a director of 
members' agents Since Barr, a 
group that has signed up £1 12 
million in new corporate money 
in the last two months. 

Some observers labeled the 
settlement as little more than a 
public-relations exercise de- 
signed to convince the world that 
the new' Lloyd's management has 
made a good-faith effort to bury 
past wrongs. “They can now play 
Pontius Pilate and wash their 
hands of the whole affair,” said 
David TipladY, a lawyer repre- 
senting several Lloyd's names- 

In making their offer on Tues- 

See LONDON, Page 21 


RJR to Slash 
6,000 Jobs 
To Boost Profit 


Compiled fy Our Stuff From Dupadtes 

NEW YORK — RJR Nabisco 
Holdings Coip. said Tuesday it 
planned to cut 6.000 jobs, or nearly 
10 percent of its total of 63,000 
worldwide, in a restructuring to 
streamline operations and improve 

profit. 

The company already has cut 
nearly half of the estimated 1 16.000 
employees it had just before it was 
taken private in a leveraged buyout 
in December 1988. 

It said it would take a fourth- 
quarter charge for the restructuring 
of 32 cents a fully diluted share, or 
S445 million. 

RJR, which owns RJ. Reynolds 
Tobacco Co. and Nabisco Brands 
Inc., said the latest cutbacks would 
be spread among administrative, 
sales and operations employees in 
both its food and tobacco sectors. 

RJ. Reynolds is the second-larg- 
est cigarette manufacturer in the 
United States, whose products in- 


billion five years ago in a widely 
publicized buyout that alarmec 
consumer groups, raised congres- 
sional concerns and riveted the at- 
tention of Wall Street on the largest 
corporate takeover ever. 

Kohl berg Kravis Roberts & Co., 
which won the bidding for the com- 
pany over two rivals, one of them a 
group led by RJR Nabisco’s own 
management, then loaded it down 
with around $25 billion in debt to 
pay for the transaction, including a 


See NABISCO, Page 17 


chide the popular Winston, Salem 
el brands 


iiiflinw, aoiu ucuiaujc 

Chairman Helmut Ricke. I \ m "I 9 Tfc * • O 

rrss Deutsche s Frovisions surge 

and is emccied to have C7 


Bkmnbag Buaneu News 

FRANKFURT — Deutsche Bank AG, Germany’s 
largest bank, said Monday that it set aside a record 
2.46 btSioa Deutsche marks (S1.44 billion) in risk 
provisions during the first ten months of 1993. 

Hilmar Kopper, the bank's chief executive, said 
about 90 percent of the provisions, which had risen 
S4.4 percent from last year, were devoted to covering 
the trank’s domestic loan business and reflected Ger- 
many’s recession. He said he did not expect the situa- 
tion to improve in the near future. 

The hank also announced Monday that its operat- 
ing profit for the fust 10 months totaled 421 billion 
DM, up 1 1 percent, while group assets were calculate 
at 539.6 biDion DM, up 82 percent. Comparisons are 
made with a proportional figure from all of 1992 
rather than with the actual year-earlier period in order 
to smooth out fluctuations.’ 

Deutsche Bank’s ma rk et position in Germany is so 
commanding that its operating profit exceeded the 
combined earnings of the next three largest h ank*. 


Dresdner Bank AG, Bayeriscbe Veremsbank AG, and 
Commerzbank AG produced a combined total of 3.43 
billion DM, significantly less than Deutsche Bank. 
Foreign operations accounted for the gain in group 

u. v ti .i tI7_ 


earning^ Mr. Kopper said. The three most profitable 
ere the I 


operations were the Luxembourg subsidiary, Deut- 
sche Bank Luxembourg SA. with 283 million DM. the 
merchant banking subsidiary in London, Morgan 
Grenfell Group, with 241 milli on DM, and its main 
Italian unit, Banca d’ America e d’ltalia SpA. with 237 
milH nn DM. 


■ Profiteering Charges Rejected 

Mr. Kopper rejected recent criticism in the German 
press alleging that the country's banks were profiting 
during a recession at the expense of thrir customers, 
Reuters reported from Frankfurt. 

“No banker in Germany needs to be embarrassed," 
Mr. Kopper said. He said that German bank profits 
were even underdeveloped from an international point 
of view. 


and Camel brands. Nabisco’s prod- 
ucts include Oreo cookies and Ritz 
crackers. 

Consumer-products companies 
have come under pressure from 
lower-cost store-label and generic 
brands as a result of the 1990-91 
recession in the United States and 
the sluggish recovery. 

Philip Morris Cos. cut the price of 
its Marlboro and other premium 
brands of cigarettes this year to tty 
to regain market share from dis- 
count brands. Reynolds then low- 
ered prices on its top-selling brands, 
including Winston and Salem, to 
keep pace with Philip Moms. 

The price war tow a heavy loll 
on the tobacco companies. RJR 
Nabisco’s third-quarter earnings 
fdl 58 percent as a result. 

“Our restructuring program is 
intended to improve margins in 
both the tobacco and food b asm ess 
SO we can resume our earnings 

S owth track next year,” Charles 
. Harper, rhairman and chief ex- 
ecutive officer, said. 

He forecast that the move would 
increase the company’s net income 
by an average of $250 million a 
year. 

RJR was taken private for 124.9 


Cox Cable Unit 
Plans Venture 
WithBeUFirm 


Complied bv Our Staff From Dispatches 

SAN ANTONIO. Texas — 
Southwestern Bdl Corp. and 
the Cox Cable Communica- 
tions unit of Cox Enterprises 
Inc. on Tuesday announced a 
$4.9 billion partnership to 
jointly own and operate 21 
Cox cable systems and up- 
grade the cable networks to 
offer new sendees. 

The partnership will also 
seek to acquire more cable op- 
erations and programming as- 
sets, the companies said. 

Southwestern Bell wfl] com- 
mit $1 .6 billion to the partner- 
ship and take 40 percent own- 
ership initially, with an option 
to increase to 50 percenL 

Both companies will jointly 
manure the partnership, with 
each company having two 
seats on an executive commit-, 
tee. Cox Cable's president. 
James O. Robbins, will serve 
as chief executive officer. 


The partnership will jointly 
id operate 21 


own and operate 21 Cox cable 
systems, provide new services 
to existing cable networks and 
puisne acquisitions of other 
cable operations and program- 
ming investments, the compa- 
nies said. (Reuters. AP) 


MEDIA MARKETS 


Transforming Times Mirror 


By William'GfabcarsMi 

Neyr York Tbttes Serrkx 

NEW YORK — Management changes an- 
nounced last wed; at Times Mirror Go.. in Los 
Angeles accelerated an cvobition that is changing 
one of the largest family-dominated media empires 
in the United States. • 

TIm company spreadentj.DavidLavenihaL said 
he was stepping down, and two vice presidents were 

oven new jobs in what was seen as the start of a 
to succeed the chairman, 'Robert F.- Ertxuu, 
who is 63 and expected to retire in two yeauL 
Mr. Erbnra, a longtime adviser of Times Mir- 
rorfs founding Chandler family, is fikdy to be the 
last chairman with such dose ties to the Chandtas. 
Otis Chandler, the last of the Chandlers to be 
directly involved in manMHneat, stepped downas 
chairman in 1986. Chandler family mesnbere still 


-dominated newspaper companies came partly 
from the managers' ability to separate the drive for 
profit from the drive for quality. Some of those 
strengths will be. lost, they say, if professional 
managers, struggling to meet traditional business 
benchmarks, lose sight of journalistic values. 

. ' Mr.EibPiu.thecunemdunnnan, wasalawyexat 
a firm that has long represented Chandler interests 
arid, since 1961, a top executive who helped design a 


rprnrman m IV DO. uhhuiw 

control 54 percent of the company’s voting ngptt; 

Bi^dfsthefla^npLosAn^iesTnnes, thecoci- 
pany also owns Newsday, whim arculates m Lang 
Sand and in New -York CSty, and acrawo m 
Hartford, Cbnaecticol, Baltimore and dsewhoe. , 
Last year. Times Mirror had a Joss of $67nriffion 
after one-time chaises that included payment s 
marif. to induce employees to leave the company. 
Largely because <rf the recesdon, it has Men eper- 
atingprofit from itsnewspapas sfomk fn*n a high 
tfsffrimlBon in 1987 to *126 mffiion last year. 

Kenneth T- Barents, an analyst at Wheat First 
Securities, said Times Wferor ^ as ji 

company with exceBent properties that had no* 
been posting excciteat financial results. As it shifts 

towardthefirst group of managers without famfly 
Kriks, he said, it wffl be expected to adopt a mare 
cold-blooded management style. 

Some in the industry do not welcome such 
changes. They say the historical sniress of family- 


ties. Some analysts say he has governed in the style 
of a family member: He is active, for example, on a 
. number of civic and charity boards. 

Among his moves was the promotion of Mr. 

Laveatbcd to the second-highest position in the 
company. In a time when few fanner editors read] 
the top ranks of newspaper corporations, Lavenihol 
is fawning his career near the top. Among other 
jobs, he has been Newsday’s publisher, a limes 
M5 xot executive and its president since 1987. 

- Mr. Laventhol, saidGerald D. RdUy, a newspa- 
per consultant, Is one of the few left at that level 
who is really from an editorial background.” 

Mr. Laventhd, who has supervised cutbacks 
that, have shrunk The Los Angeles Times staff by 
23 percent over three years and dosed its San 
Diego edition, is no sentimentalist- But he is 
known for a keen sense of the journalistic ambi- 
tious that make news organizations work. 

The ambition he is most dosdy associated with 
was the decision during the 1980s to move News- 
day, the successful Long Island newspaper, into 
competition with New York Gty newspapers by 
starting New York Newsday. 

New York Newsday loses millions of dollars a 
year. As news of Mr. IaventhoTs departure from the 
presidency spread last week, newspaper people were 
wwwibiring about whether the company might now 
take aharoer view of the New Yc 


Job Losses 
Spreading, 
Tokyo Says 


Compiled by Our Staff From Dispaxha 

TOKYO — Japan painted a grim 
picture of its labor situation in a 
monthly economic re p ort cm Tues- 
day, wanting that unemployment 
was now hitting manufacturers. 

The report, by the Economic 
Planning Agency, continued the of- 
ficial desaiptian of the economy as 
“sluggish” and in “adjustment 
phase.” There was no reference to 
recovery. 

Business confidence declined in 


October, due partly to the strong 
rt said. 


yen, the report 

The ratio of job 
seekers dropped to 0.67 in October, 
or 67 job openings to every 100 job 
seekers, it said. That was the lowest 
level since June 1987. 

“The labor situation looks seri- 
ous, especially among manufactur- 
ers,” said an agency official. “This 
reflects slumping production at 
home.” 

Unemployment rose to a season- 
ally adjusted 2.7 percent in Octo- 
ber, its highest level in 68 months. 

Fears that companies would be 
forced to resort to large-scale lay- 
offs have dampened consumer 
spending, a main engine for eco- 
nomic growth. 

Industrial production fell 5.1 
percent in October from a month 
earlier and was off 62 percent com- 
pared with October 1992, accord- 
ing to preliminary figures. 

(Reuters, AFP) 



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US. daitars per ounce London otttcJoi tix- 
togs; ZwttandNewYoct onentoo and clos- 
loo prices; New York Commit (Fib.) 

Sauna: Reuters. 


Banking Clients Have Always Expected 
Outstanding Personal Service. 
Today They Find It With Us. 



D uring die Renaissance, 
trusted advisors helped 
administer the finances 
and protect the interests of private 
individuals. The role demanded 
judgment, commitment and skill. 

Today, clients find that same 
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banking is more about people 
than numbers. It’s about the 
shared values and common goals 
that forge strong bonds between 


banker and client. Its also about 
building for the future, keeping 
assets secure for the generations 
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This client focus has contrib- 
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private banking. As a subsidiary of 
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an affiliate of Republic New York 
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in assets. These assets continue 


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sheets, risk-averse orientation and 
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of banking. At Republic, they 
have been and always will be. 


REPUBLIC NATIONAL BANK 
OF NEW YORK (SUISSE) SA 


A SAFRA BANK 


HEAD OFFICE: GENEVA 1204 ' 2. PLACE DU LAC 'TEL. 1022) 705 55 55 ■ FOREX: i022i 705 55 50 AND 6ENEVA 1201 'Z. RUE DR. ALFRED-VINCENT (CORNER 
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JAKARTA * SINGAPORE ■ TAIPEI * TOKYO 











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INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, DECEMBER 8, 1993 


*4 



Dow Hits Record 
Rut Market Is Quiet 


fixnptkii by Our Staff From Dispatches 

NEW YORK — The Dow Jones 
industrial average jumped to a re* 
cord on Tuesday, but broader mea- 
sures of the market posted only 
meager gains. 

The Dow barometer advanced 
8.67 points, to a record 3.718.88. 
improving on its Nov. 16 close of 
3.710.77. 

But broader stock indexes 
lagged, and market breadth — 


N.Y. Stocks 


evenly divided between advancing 
and declining New Yorfc Stock Ex- 
change issues for much or the day 
— was not impressive, analysts 
said. Neither was trading volume, 
which totaled about 277 million 
shares, down from 292 million. 

Tbe Standard & Poors 500 Index 
added 0 J3. to 466.76. while the Nas- 
daq Composite declined 1.74. to 
769.35. after falling 1.13 Monday. 
The Araex Market Value Index 
inched up US. to 467 .+3. 

- “J think people are upbeai about 
the economy.'* said Richard Meyer, 
head of institutional trading at La- 
den burg. Thabnann & Co. At tbe 
same lime, he said, interest rates 
have moved up. giving investors 
cause for concern. 

A loss in bond prices Tuesday 
stymied sentiment in the stock 
market. The yield on tbe bench- 
mark 30-\ear U.S. Treasury issue 
was 6.2 percent, up from 6.17 per- 
cent on Mondav. 


The Dow was able to sustain its 
advance partially on the strength of 
component Boeing Co. 

Boeing was one of the most ac- 
tive issues, soaring 2 to 40*'». The 
stock surged 5 percent after Salo- 
mon Brothers recommended inves- 
tors buy shares of the commercial 
aircraft maker for the first time in 
more than three years. 

RJR Nabisco was the most-ac- 
tive NYSE issue, rising H U> 6*. 
after announcing a plan to cut ID 
percent of its work force. 

Long-distance telephone compa- 
nies were among the session's big- 
gest deciiners. Sprint Corp. shed -•« 
to 32-1* and MCI Communications 
Corp. went down * to 25 amid 
concern that Amen tech Corp.. one 
of the seven regional telephone 
companies known as Baby Bells, is 
seeking to enter the long-distance 
market. Amerilecb rose S to 7S 7 b. 

Sears rose 2 to 54'i. “Sears has 
been one of the great si ocks of tbe 
vear." said Edward Laux. head 
trader at Kidder. Peabody & Co. 
“People look at it as an economic 
recovery play." 

Intel dipped '* to 59**. after slid- 
ing 4 points Monday on negative 
comments from a Merrill Lynch & 
Co. anaivst. 

Deere* Co. tumbled ih to 70A. 
after a Smith Barney Shearson ana- 
lyst. Tobias Levkovich. lowered his 
rating amid concern about the 1994 
outlook. 

t Knight- Rid Jer. Bloomberg) 



sm 


3 3 
1993 


A SON 


”1 ht 


NYSE Most Actives 


vet. Hah Lw loot 


RJR Nab 

TtfMtfx 

Boeing 

Li mild 

WMIXTc 

PTWrtn 

WtlgEI 

PttelMr 

Merck 

HoBM n 

AT&T 

G>W»r 

Enterin' 

GCA utrn 

CenFOn 


0902 6% 

34028 59% 


3344* 41 Vi 
33448 »*V» 


31302 27% 
39484 28% 


3721* I4V» 
28378 S* 1 '. 


*■<• 6% 

57% 97% 

37% 40% 

17% 17% 

28% 27% 

25% 28% 


14 


14 


*2 
— % 
- 1 % 

*% 


22073 34% 
17744 7% 


17811 55% 
18423 54% 


18048 38% 
17703 21 
17317 8% 


55% 98% 

34 34% 

8 % 7% 

54% 55% 

54% 54% 

38 38 

17% 71 

8 % 


— % 
- % 
*% 
— *A 
— % 


8 % 


AMEX Most Actives 


Weak Inflation Outlook 


Undermines the Dollar 


ENSCO 

Ament 

EotCA 

Aten 

EcnoSov 

NY Tim 

Hgnwl* 
lnr*CP 
R ovoid a 

imcnma 

DevnE 

CivCm 

Elan 

EnzuBi 

ALC 


VaL 

Man 

Law 

Last 

Chg. 

7418 

3% 

3 

3% 

*v„ 

7340 

r» 

5% 

5% 

* % 

6279 


% 




5476 

7% 

7% 

7% 

— % 

5213 

12% 

12% 

12% 

-■A 

4321 

78% 

27% 

a 

— % 

4111 


% 

IV B 



4116 

76% 

25% 

26% 

- V, 

3389 

4% 

4% 

4"'p 

♦ Vu 

3135 

11’. 

11% 

11% 

— % 

3056 

18 

17% 

IB 

♦ Vj 

2669 

12% 

12 

13% 

— % 

2182 *1% 

41% 

41*'. 

* % 

2161 

18% 

17% 

17% 


2024 

77% 

26% 

27 

- % 


NYSE Mary 


Compiled fa Our Staff Firm Dispatches 

NEW YORK — The dollar 
dosed little changed on Tuesday, 
but dealers were downbeat on the 
currency's prospects. 

There was speculation that re- 
ports on inflation scheduled to ap- 
pear later this week would not give 
the Federal Reserve Board an in- 


ForeSgn Exchange 


centive to raise interest rates, which 
would be beneficial for the dollar. 

The U.S. unit finished the day at 
1.7033 Deutsche marks, up slightly 
from 1.7014 DM. but it fell against 
the ven. slipping to 107.48 from 
107.9? as Japanese exporters sold 
dollars for yen to repatriate profits. 

"As long as inflation i> low and 
growth is slow, the Federal Reserve 
won't raise rates." said Kcichi Ta- 
kenaka. assistant vice president at 
the Industrial Bank of Japan. 
“Therefore, there's not much rea- 
son to bu> dollars." 

“There is no evidence at this time 
that inflationary pressures are 
building." said David Mullins, the 
Fed vice chairman. "It seems quiet 
out there." 


Concern that German money 
supply is still growing too fast to 
warrant a cut in German interest 
rates also kept the dollar under 
pressure, traders said. The Bundes- 
bank said that the country's money 
supply grew 6.9 percent in October, 
up from an earlier estimate of 6.8 
percent. 

A dealer at Barclays. John Nel- 
son. said the market was seeing the 
same pattern that has dominated 


Advcnceo 

Deefined 

LHYdxmood 

Total issues 
New Highs 
How Lows 


Close 

Prev. 

1051 

1219 

1001 

866 


610 

3706 

7695 

74 

1 ® 

73 

74 


Amex Mary 


Advanced 

Close 

275 

Prev. 

296 

Declined 

318 

331 

Undnnged 

245 

2 ® 

Total issue* 

838 

845 

New Higns 

26 

19 

New lows 

12 

9 


NASDAQ Diary 


tradine for the past couple of davs 

" dof ' '' 


as investors liquidated dollar hold- 
ings and put the unit under consid- 
erable pressure. 

Dealers said there appeared to be 
buying support for the dollar just 
bciow 1.70 Deutsche marks but that 
this could be tested in the near-term. 

“The dollar's performance has al- 
ready been quite lackluster." said 
.Angus .Armstrong, senior economist 
at Morgan Grenfell in London. 

Against other currencies, the dol- 
lar eased to close at 1.4600 Swiss 
francs, down from 1.4612 francs, 
but ii rose to 5.8610 French francs, 
up from 5.5415 francs. Tbe pound 
closed at 51.4930. down from 
51.5047. 

(Bloomberg, AFX, Reuters) 


Advanced 
1 Declined 
i Unchanged 
! Total issues 


Close 

1X09 

1.592 

1671 

A673 


TATS 

1534 

1,721 

4,870 


Util — 227.878 23588 22753 +1.71 

1571 A* +133 


Standard & Poor’s Indues 


Industrials 
Tramp, 
utilities 
Finance 
SP 900 
SP 100 


Hl«ti Law a OS* cim 
538.92 537.14 *0191 +837 
43154 41054 43133 + 1X6 
175.18 17451 175.18 +006 
44.73 4458 4464 +034 
468.77 465X4 48638 +033 
07.17 42753 43746 +030 


NYSE Index* 


Composite 

Industrials 

Tram 

ui limes 

Finance 


hm low cm aim 

— — 25758 +053 

— — 31114 +047 


— 28544 + 035 

— 23058 +023 

— >1758 + 008 


NASDAQ Inctoxes 


Composite 

industrials 

Finance 

Insurance 

Telecomm 

Banks 

Transp. 


77231 

80150 

88451 

90888 

18448 


74752 


Law ante am 

78747 78955 — 134 
79853 79831 —156 
81147 83231 —144 
90446 90853—137 
78X22 1BZJC — 179 
48144 68131 —138 
74144 745.12 —019 


AMEX Stock Index 


HMD 

46752 

Low Case 
46551 467® 

Ch-oe 
+ 158 

Dow Jones Bond Averages 


Close 

Cb-ee 

a Bonds 

11004 

+ 073 

10 Utilities 

10X66 


10 industrials 

iuua 

+ 0.19 

Market Sales 


SSSl metric ton-lots e< 10 

M? r IW 10*7 lj2 1442 1454 1459 

Kl jSS 445 'Se 14140 IASI 1 452 

Jrt 1541 1443 1453 IJW 1050 1452 

Esi. 50leS 4A78. 

gSf^^SSk.tKM-SdlShM 

iE, \3& ^ }£> \3A2 \‘2su 

1314 1517 1320 1314 1320 1323 
ST 310 13 IS 1312 131? 1^2 W 

u 1309 1314 N.T. N.T. 1315 1 321 

m£L ijqs 1313 N.T. N.T 1315 1320 

j£ llaS 1312 SlT. M.T. 1323 1319 

E«l. Sales 94& 

Htab Law O cse cow 

WHITE SUGAR (Motif) 

Dollars per metric ton-lots of SO tens 
MV 28450 283.00 28400 28850 + 050 

ZSv 788.00 18*50 28550 288.00 + 050 

AM 29lSl N.T. 39050 39X00 + 050 

Sri NT. N.T, 278JJ0 2B1 00 +150 

B ir N.T. N.T. 277.00 THM + 150 

MW NT N.T. 27950 28100 + 150 

EOT. sales *18. Prev. sales 529. 

Oien interest 10,982. 


Industrials 

Last Settle am 


Men 
GASOIL (IPS) 

U4. donor s aer metrte teiHon of m tons 

Dec ' 

JOB 
Fed 
Star 


t4 * ti n 14350 14450 14450 — 350 

4835 C7S 1443S UAM -1® 

iJTw 14335 74450 74450 —150 

14850 14450 14533 74350 —150 


May 

Jua 

JW 

Am 

Sep 


148.1 

w: 

149J 


144.00 U4JS 14450 — LOO 


14450 14550 14550 

14575 14635 14825 —150 

14735 14833 W833 —150 

15050 14950 14935 15050 —035 

15250 15250 15250 1522 +025 

Esl. Sales 2080 ■ Pm. 9dles 17.134 . 

Open interest 118817 


BRBUT CRUDE OIL riPS) . 

U5. dollar* per Barrel-lets at UH barrels 

Jan UAO — ’ * 

F*L 1420 

Mor 

APT 
May 
JMI 
Jal 
M 

SB* 


1431 


1440 

1451 
VI.70 

iS Si 


1358 1258 —058 

1552 UOI —058 

1450 1458 — 051 

1430 1450 +052 

1451 1452 + 052 

U7Q 1430 — 052 
1437 1477 — 059 

1495 . 1455 — 055 
1537 1533 —055 


Est. Sales 57.972 . Prev. sales 37323 . 
Open Interest 165587 


Stock indexes 


Metals 


NYSE 4 p.rrv volume 
NYSE nrev. cons, dose 
Amu 4 pjn, volume 
Atnex prev. cokl dose 
NASDAQ 4 tun. volume 
NASDAQ prev. 4 pun. volume 


mmimn 

357,979584 

15361500 

70570.900 

298537500 

292059616 


N.Y.S.E. Odd-Lot Trading 


Buy Soles 
Dec. 6 1502.176 1339587 

Dec 3 826.177 1382.138 

Dec 2 9095*2 1599541 

Dec I 940538 1.182573 

Nov. 30 871*43 1319.192 

' included in the iotes ffovres. 


Short* 

30305 

40554 

113*1 

15701 

25523 


SAP 10O Index Options 


Dec* 


IS 


*4* «V 


J*» 


JOT 

Feb 

Nev 

Dec 

JOT 


49ft 

— 

th 

h 

Ift 

IS 

— 

— 

<6 


1% 


— 

— 

ft 


1ft 


— 


ft 


Ift 




mm 

ft 

1ft 



— 

— 

ft 

ift 



a 

— 

ft 

Ift 

3% 

5 



ft 

3ft 

4ft 


— 

11% 

ft 

1% 

5% 


lift 

— 

1% 

4% 

6% 



7 % 

i 

■0 

lit 

6ft 


8ft 

lift 

Wft 

1 % 

A. 

HVl 

12% 




1 % 

— 

— 


It 



4*S % % 

ffl V ft * Ml— — — 

Cafli: total not. H**l: Wal poen M. 4IUB 
Fed: row vet men, hnai oocn W. 519X25 


o*e*3 DocH Dec 91 Oect) Dec 94 DocH 

J5 — — — — I8 — 

37% - - - — ft — 

*0 - - - - 1% 2% 

42% - - - V 2% 3* 

« - n* - — ** o'* 

Com: tiM «04 «; Mol anon let. 4*01 
Pets: taM Ml. 1148; NW oocn tat 231541 
Source: CBOe. 


Metals Trader Says Unit Is Covered 


Knight- Rulder 

FRANKFURT — Tbe metals trading and mining company Metallge 
sellschaft AG said Tuesday it had adequate financud or credit cover to 
allow for any future decline in oil prices. 

The company was responding to reports in Germany that its New York 
affiliate. MG Refining and Marketing Inc„ had experienced liquidity 
problems in its dealings in oil futures. 

“To cater for a further decline in oil prices, Melallgesdlschaft has 
agreed upon suitable credit cover with Deutsche Bank AG and Dresdner 


Bank AG." it said. .After the reports Monday, Metallgesellschafi’s share 
price fell 46 Deutsche marks, or 1 1.7 percent, to 346.50 DM ( 


rose slightly on Tuesday, dosing at 348.50 DM. 


I DM (S202.69). It 


WORLD STOCK MARKETS 


Agoncv Fnwt Pwue Doc 7 

Clow Pfl*. 


Amsterdam 

77J50 71 JO 


ABN Amro HM 
ACF Holdlr 


' Holding 
Aegon 
Ahold 
At 20 
AMEV 
Am st Rubber 

Bols-wesscren 

CSM 

DSM 

Elsevier 

Pokkar 
GW- Brocades 
HHG 
Heinohen 
Haaoovens 


5850 5830 
102-90 102JP 


44.70 *580 
3Si80 18230 
87J0 8750 
195 2.95 

8130 41.10 
70 68JQ 
10130 10150 
18110 18220 
2020 21.10 
53JB 5250 
288.70 288J0 
207.90 2D5J» 
4450 •“ 


Hunter Douglas 73J0 


IHC Cakmd 
Inter Mueller 
inti Nederland 
KLM 
KNP BT 
NrdllOYd 
Dcr Grinten 
Pakhoed 
primps 

Eolvgrarn 

Robeco 

Rudomca 
Hoilnco 
Hurrnlo 
Koval Dutch 
Stork 
Unilever 
Van Ommeren 
VNU 

Wollers/Kluwer 


4050 *1 

78.90 78.90 
3730 8830 
4090 4tJ» 
♦1.10 41 

54.10 53.90 
62A0 6140 
4850 4850 
38 70 3840 
TL 50 73 

11B40 11750 
5950 59.70 
11950 11850 
9* JO 9880 
200 700 

3850 3820 
219.40 21*50 
43 4250 
14950 149.10 
112 11150 


Brussels 


Acec-UM 
AG Fin 
Arbed 

f ared 
ekaert 
Cockerlll 
Cobena 
Deinalxe 
Eleclrabei 
GIB 
GBL 
G evoert 
Kredletbant 
Pelroflna 
Power I In 
Roval Beige 
Sac Gen Banoue 


2400 2*20 
2690 2740 
37*0 3850 
2075 2100 
19875 19725 
139 139 

SJ70 5300 
1300 1330 
8530 8550 
1388 1396 
3*50 3*90 
SfllO 8780 
7990 7970 
9980 10000 
3200 3185 
57B0 5500 
888 ) 8880 


SocGen BeigHme 2850 2635 

Solloa 14175 18475 

Sotvav 1*750 1*775 

Trcclebet 10450 10700 

UCB 25000 25150 


Current Stariijnwx : 732753 


PrevhHia : 


Frankfurt 


VEG 1*5.90 188*0 

UHOM HOM 7980 2«5 

Vllanc 62442*50 

isko 1140 1140 

3 ASF 279J02B250 

iCT.er 341J0342JO 

3av. Hvpo bank «3J0 485 

3av Verelnsbk 580 582 

3BC *31 632 


IHF Bank 
IMW 


52850 530 

844 635 


immerzbank 38250 377 

Bit mental 2*0802 4230 


olmlcr Ben: 


741743J0 
444 441 

125 226 

Mutscfie Bank 8*250 684 

«u«la9 568 577 

iradner Bant 437 JO 441 
eldmuetiie 317 314 

' KrvPa Hoesch lsxsoisuo 

larpener 

lenkel 
pchllet 
oectist 
olzmonn 

orten 
«NA 
all Salz 
arsiadt 
aulhal 


335 34* 

61*50 619 

1036 HUS 
2043028350 
900 902 

245 252 

376 370 

M7J»t4ftSt 
5*350 5*3 

SIT 515 

nu 11150111 JO 

loeckner Werke 7940 10? JO 
nSe a^J 0a* 

ilitianw 121 

AN I7SJ0 » 


annrsmann 
etaiigeseli 
•jtnch Kuech 
rvche 
¥U5SOQ 


leinmetati 

tiering 


mens 

«sen 


372J0 
J48J0 346 J0 
4000 4000 
815 810 
417 420 

195JD 195 

4«6 497 

327 321 
1085 1085 
389 388 

725J0 729 

74250 244 JO 
315 JW 
4802047750 
330 .118 


aoeePnev. 


Vlag 

Volkswagen 

Wello 


48050 480 
416414J0 
NA. 880 


Helsinki 


Amer-Ytitvma 

Erao-Gutiell 

Hutnomaki 

K.OJ>. 

Kvnunene 

Metro 

Nokia 

Pohlola 

Regala 

Slock mann 


99 99 

37 JO 37.90 
181 1*2 
13 JO 1120 


111 

1M 

290 


93 

230 




Hong Kong 


Bk East Asia 
Cal hay Pacific 
Cheung Kang 
China Light Pwr 

Dairy Farm inri 

Hong Lung Dev 

Hang Sena Bank 

Henderson Land 
HK AJr Eng: 

HK China Gas 
HK Electric 
HK Land 


HK Realty Trust 
5C Hi ‘ ‘ 


HSBC Holding* 
HK Shang HHs 

HK Telecomm 

HK Ferry 
Hutch Whampoa 
Hyson Dev 
'Jardlne Marti. 
Sardine Sir Hht 
Kowloon Malar 
Mandarin Orient 
Miramar Hotel 

New Wortd De» 
SHK Props 
5tdux 

Swire Pac a 
T al Cheung Prps 
TVE 

Whart HoW 
Wing On inrl 
Wlnsor Ind. 


KS87S?SS& ; 


45 

1250 17 JO 

37 3750 

49.25 48 

13JD 1350 
1450 1450 
6250 82 

38 3755 
45 4175 

2QJ0 2020 
26 M USB 
21 JO 2050 
IB. ID ia« 
91 JO 90 
10J0 1050 
I5J0 tSJO 
9JS 9.10 
3125 3175 
34 2190 
71 6950 
3075 2950 
19J0 19.10 
9.10 095 
70 JO 19 

29 28.10 
53 51 

555 4.95 
56 54 

1110 1168 
125 133 
29 JO 79.10 
1050 1050 
1250 13 JO 
773657 


Johannesburg 


AECl 
Allecn 
Anglo Amer 
Barlows 
Btwoor 
Butteis 
De Beers 
Driafonfeln 
Gencor 
GFSA 
Harmony 
Hlahvefa Steel 
Kloof 

Ned bank Grp 


Ranatoniein 
RusMai 
SA Brews 
51 Helena 
Sasol 
Welkam 
Western Deep 


17 17 

91 89 

1*5 161 

4725 47 

1150 1TJ5 
*8 50 

38.50 88 

51J5 5125 
8J5 7 

95 9150 

2 0.50 21 

1150 13.75 
*2J5 4150 
26 26JS 
38J0 39 JS 
69 IB 
79 JO 7BJ0 
40 NA 
1160 1855 
42 42JD 
181 1BD 


Composite Index : 429246 
Previoas : 426557 


London 


Abbey Non 
Allied Lyons 
Aria Wiggins 
Argyll Group 
Ass Bril Foods 
BAA 
BAe 

Bank Scotland 

Barclays 

Bass 

BAT 

BET 

Blue circle 
BOC Group 
Boots 
Bowater 
BP 

Brit Airways 
Brit Gas 
Bril Steel 
Brit Telecom 
BTR 

Cable Wire 
Cadaurv Sch 
Caro don 
Coots VtvellQ 
Comm union 
Courtaukts 
ECC Group, 
Enlerorlse Oil 
Eurotunnel 
FiSdfls 
Fane 
GEC 


451 

8J0 

141 

2J7 

SJ9 

7.75 

4JN 

2.17 

625 

US 

5.19 

US 

351 

A4I 

SM 

4J8 

3J0 

454 

152 

1JS 


4.98 

4AS 

188 

2J5 

6.IS 

447 

423 

433 

453 

152 

U6 

322 


4M 

853 

147 

258 

557 

958 

4.13 

2.14 
6.1* 
552 
il7 
155 
138 
A5D 
5.45 
4j*8 
127 
4J2 
147 
US 
4A9 
140 

4.76 

458 

167 

2J2 

*vn 

450 

4J» 

437 

4AS 

Ml 

is 



Close 

Prov. 

Genl Acc 

678 

47! 

Glam 

604 

494 

Grand Met 

403 

407 

GRE 

203 

201 


470 

471 

GUS 

505 

X95 

Honsun 

2® 

262 

HllbOOwn 

150 

1X9 

HSBCHWos 

7.97 

707 

ICI 

7® 

7X7 

Inert cop« 

577 

5X0 

Kingfisher 

7 32 

707 

Luff Drake 

1X6 

1X7 

Lend Sec 

7® 

7 06 

Loporte 

603 

600 


1.15 


LeuolGenGrs 

500 

5.17 

Lloyds Bank 


<L» 

Marks Sp 

K‘ 1 

457 

ME PC 

Kd 

579 


403 

428 


X99 

X9S 

Nth Wst Water 

566 

£58 

Ptonai 

575 

603 

5.90 

410 

Putins ton 

156 

157 

PowerGen 

473 

4® 

Prudenltol 

156 

153 

Ronk Org 

903 

9 02 

RecklttCol 

6X6 

454 


5X5 

509 

Reed Inti 

805 

806 


17X2 


RMC Group 

80S 

892 

Ralls Rtrvce 

107 

170 

Rorttmn (unit) 

4 

410 

Royal Scot 

4X6 

4X1 

RTZ 

701 

702 


409 

418 

Seal Newcas 

506 

502 


403 


Seors Hotels 

1® 

1® 

Severn Trent 

sm 

500 

SrteF 

704 

7 

sw» 

568 

SS8 

Sreim Nephew 

168 

1® 

SmltfiKllne B 

194 

194 

Smith (WH) 

472 

490 

Sun Alliance 

367 

172 

Tote & Lvle 

3.9S 

158 


1® 

1.98 

Thorn EMI 

905 

9® 

Tomkins 

T38 Group 

208 

205 

208 

203 

Unilever 

D® 

II® 

UW Biscuits 

1*5 


Vodafone 

557 

559 

Wor Loan 3% 

5103 

51® 

Wellcome 



Whitbread 

NA 


Williams HOas 

l*fl 

3X0 

Willis Corroon 

115 

2.18 




Madrid 


BBV_ . 3»0 3280 


Bco Central HISP 3125 3200 
Banco Santander 67® 67® 
2200 2190 


SIPS? 

Draoadas 

Endesa 

Ercras 

Iberdrola I 

Reasol 

T ab ac a l o ro 

Telefonica 


rrsAssr- 


2475 2480 
7025 20® 
6*60 6470 
1S7 161 

938 932 

4290 4290 
3760 3850 
17® 17® 


Milan 


1475 1451 


2389 2281 
17® 


Banco Comm *747 ®*1 

Bestow 68 66J0 

Bene non group 24900 25000 

ClR 

Cred Hal 
EnJcbam 
Ferfln 
F erf In Rtso 
Flat SPA 
Finmeccanica 
Generali 
IFI 

Itakam 
Hamas 
Itaimoblllare 
Mediobanca 
ManfedHan 
Olivetti 
Pirelli 
RAS 

Rlnascent* 

5alpem 


1750 
29e»302S0 
4® 4® 

4300 4200 
1280 1270 
37750 37770 
15320 14900 
10000 10050 
4880 4780 
31990 32100 

13 £f 13 £ 

1918 1841 
3400 3=80 

2*550 26050 
7*10 7797 
3050 3000 


Son Pools Torino 9988 9999 

$IP 3282 3225 

SME 35*3 3£» 

SnlO 1314 1307 

Standa 

Slel 3W5 37BO 

Toro AsSl Rlsp 2*400 28800 


MIB Index 1^2 


Rf irt oas : 


Montreal 


Alcan Aluminum 28% 27% 
Bank Montreal 27% 27 

Bell Canada *214 *6% 


Clou Prev. 


Bombardier B 
Cambtor 
rnvn rtw 
Damlnlori Text A 
Donohue A 
MacMillan Bl 
Natl Bk Canada 
Power Cora. 
Quebec Tel 
Quebecar A 
QuebecorB 
Teleglobe 
Univa 
VWeotron 


W rSoas?i 


19% 17% 
19% 17% 
6% 6% 
7% 7% 

20% 2D% 
21 % 21 % 
11 10 % 
21% 21% 
21 % 21 % 
17% 17% 
18 17% 
20% 20% 
7% 7% 
25% 25% 
: 1 * 21 ® 


Paris 


Accor 
Air LtauMe 
Alcatel Alsthem 
AM 

Boned re ICIe) 

BIC 

BNP 

Bounwes 

B5N-GD 

Carretour 

CCF. 

Cervs 
O icrgeu rs 
Oments Franc 
Club Met) 

EH- Aouita me 

EH-Sanofl 

Euratflsney 

Gen. Eaux 

Havas 

imetai 


Leg rand 
Lyon. Eaux 
Orea I t L-» 

L.YMM. 

Metro- hhxtwtte 148.90 1® 

Mlchetm B 191® 192.10 
Moulinex 100 1D7 

ParfDOS *76® 475.70 

Pechlnev Inti 205 200 JO 
Pernod- Rj card 388J0 389 

Peugeot 71 1 7ie 

Prlntemps (Aul 888 874 

Rodiotecfmiawe 0*1.10 3*640 
Rh-Poutenc A 14870 149.70 


Raff. St. Louis 
Redaute (Lai 
Saint Gabaln 
S.E-fl. 

Sie Generate 
Suez 

Thom«jrj-C5F 

Total 

IIAP. 

Valeo 


1396 1378 

9® 940 

567 573 

490 494 JO 
730 735 
33870 342® 
183 161 JO 
317.70 322.10 
** » 889 

1306 1200 


Sao Paulo 


Banco do Brasil 3050 3200 


Banesoa 
Brodesco 
Brahma 
Par ananu nemo 
Perrabras 
Talebraa 
vale Rio Dace 
Varttr 


18® 19 
6600 67 
*7000 r” 




Bevespo 


30100 
*980 W0 
20000 20900 
40000 40000 


Close Prev. 


Procardia AF 
Soidvtk B 
SCA-A 
5-E Banken 
Skondto F 
Skanska 
SKF 

Store 

Trellobarg BF 
Volvo 




131 T27 

117 116 
131 YD 
57 JO 56J0 
174 173 

161 160 
126 125 

374 ; 

7TL50 65J0 
461 435 

1682-18 


Sydney 


9 


Amcor 

90S 

907 

595 

Ml 

ANZ 

499 

491 

810 

98 

BHP 

1460 

1441 

882 

Bard 

410 

405 


1548 

Bougainville 

002 

<Ui 


538 

Cotes Mver 

5X7 

561 

1174 

1160 

Comal co 

308 

355 





17.13 

681 

697 

C5R 

402 

4/1 


844 

Dan/00 

AM 

50i 

3973 

3965 

Fosters Brew 

1X6 

1X4 

27490 

296 

Goodman Field 

101 

103 

119® 11950 

ICI Australia 

955 

97C 

11® 

1191 

Mooetlon 

205 

209 



Xfl 

20? 

341® 315X0 

Nat Amt Bank 

1200 

1210 

42800 

433 

News Corp 

10 

9.95 

996 

TO 

Nine Network 

505 

SJN 

3650 

J/M 

N Broken Hill 

3X5 

3X5 

2631 

2463 

Pioneer Inti 

266 


46250 

466 

Nmndy Poseidon 

200 

206 

547 

528 

OCT Resources 

105 

10J 

429® 42850 

Sontos 

303 

STB 

5160 

5340 

TNT 

105 

106 

S4S 

548 

Western M Inina 

431 


1213 

1215 

Wes mac Banklrrs 

455 

451 

3827 

3838 

Woods/ de 

414 

410 


pRS5gB?1&33S 


Index : 297X90 


Tokyo 




mat 


7.15 7.10 
1030 10J0 
I8J0 1A10 
17® 17® 
2J2 283 
3® X42 


Singapore 

Ceretxa 675 8aS 

Cl tv Dev. - - " 

DBS 

Fraser Meove 
Genttng 
Golden Hope PI 

How Par 

Hume InArsirles 5® 5JS 

indicope 5.95 6 

Kepnef 10.40 laio 

KLKePone 2.95 2J5 

Lum Chang 1 J9 1® 

Malayan Banka 1X70 1X10 

OCBC 10® 10® 

oua ifif 4.w 

OUE 8 7.75 

Sembowong 1X10 1X90 


Shangrlla 
Slnw Darby 
SIA 

S'oore Land 
STwre Press . 
Sine Steamship 


4.93 4.73 
4JBI XB4 
8J0 880 
8J5 A® 
1i70 15® 
588 X60 


S'oore Telecomm X82 1*4 

Straits Trading 1*0 162 

UOB 930 935 

UOL 1JB 1.79 




Stockholm 


AGA 
Aseo A 

Astra A 
At las Copco 
Eleciroiax B 
Ericsson 
Esselte-A 
Handeisbojiltcn 

investor B 
Norsk Hydro 


410 411 

554 551 

173 I® 
412 410 

396 288 

364 365 

97 77 

10S 103 
1® I® 
206 208 JO 


Akai eioctr 
Asoni Chemical 
Asahl Glass 
Banket Tokyo 
B ridoe sione 
Canon 
Casio 

Dal Nippon Print 
Dalwa House 
Daiwo Securities 
Forme 
Full Bank 
Full Photo 
Fulltsu 
Hlhrchl 
Hitachi Cable 
Hondo 
Ito Yakodo 
Itochu 

japan Airlines 
Kollrno 
Kansal Power 
Kawasaki Steel 
Kirin Br e w e ry 
Komatsu 
Kuboto 
Kyocera 
Artarsu Elec (nos 
Matsu Elec Whs 
Mitsubishi Bk 
Mitsubishi Kasei 
Mitsubishi Elec 
Mitsubishi Hev 
Mitsubishi Carp 
Mitsui and Co 
Mltsukashl 
Mitsumi 
NEC 

NGK insulators 

NlkJco securities 
Nippon Koooku 
Nippon Oil 
Nlimen Sleel 
Nippon Yusen 
Nissan 
Nomura Sec 
NTT 

Olympus Optical 

Eisr 

Sanyo Elec 

Sharp 
Shlmazu 
Shinetsu Chem 

Sony 

Eumltomo Bk 
Sum Homo Chem 
Sum! Marine 
Sumitomo Metal 
Tolsel Cora 
Talsho Marine 
TokedaCnem 
TDK 
Tcilln 

Tokyo Marine 
Tokvo Elec Per 
Taman Printing 
Tgrgy Ind. 
Toshiba 
Toyota 
Yameicni Sec 
0 : * I CD 

SBSfiSj V? 

Topi* Index i.l® 


344 

573 


1060 1070 
1520 1470 


1220 1230 


1550 1550 
1500 1500 


17® 1210 
3530 3550 


1890 1710 
24® 2430 


757 
765 
6SS 
1370 7370 


5450 5500 


51S 

615 


2870 2820 
306 301 

1170 1170 


732 
568 566 

5430 5270 
1439 1410 


2670 36*0 
437 431 


1050 10® 
683 680 


666 S73 

SOI 79* 
530 557 

726 685 

1790 1770 
7040a 6950a 
714 720 

3470 2410 
631 621 

404 409 
1450 1430 

573 585 

1510 1500 
4920 4840 
19M 1910 
416 404 

887 876 

258 258 

639 835 

758 750 

1170 11® 
3530 3560 

405 372 
11® 1150 
3150 3110 
1170 11® 


646 6*1 

1750 1710 
641 650 


Close prev. 


Toronto 


14% 

18% 

6 


17% 11% 
35% 


AMtlbl Price 14% 

Adllco Eagle 1B% 

Air Canada 5% 

ASterta Energy 
Air Barrie* Res . _ 

BCE *6% 4* % 

Bk Nova Scotia 30% 

BCGcs 16% 

BC Telecom 
BF Realty Hds . . . 

Bramolea DJ9 

Bmnwfc* 7% 7% 

CAE 6% 6% 

Camdav 6 6 

CIBC 31% 

Canodkai Poettlc 21% 22 


30 

16% 


23% 23% 
OD4 tU5 


12 % 

17% 


12 % 

17% 


41% 41% 
405 4% 


10 10% 
4 195 


Can Pockets 
Con Tire A 

Confer 
Cara 

CCLtndB 

Comlnco 20% 

CoriwesT Exal 21% 
□errtson Mln B 027 
Dickenson Min A 6% 
DafaSCO 22% 

DytexA 1JS 

Echo Bov Mines 17 
Edjlly Silver A 1319 
FCA infl 3® 

Fed indA 0% 

Fletcher Chdl A 71% 

FPI X35 

Gentra 0*2 

CoktCam B% 

GuHCdaRes 435 
Hees Inti 13% 13% 

Homto Gld Minas 13% 13% 


21 
026 
6% 
22 
1 M 
16% 
1» 


4JS 


HoiHnner 
Hershom 
Hudson's Boy 


13% 

18% 


13% 

1SU 


I nto 
Intel ®oy pipe 
Jo 


39% 39% 
“ 30* 


34% 32% 
32% 32% 


Lot I aw CO 
Mockenzie 

Intt A 


18% 18% 
22% 2Z% 


27% 22% 
12 11 % 


Murk Re 

Mac Lean Hunter 
Matson A 
Homo IndA 


59% 60% 
25% 25% 


12 12 
28% 26% 


Bfn, i^rtii * 

*9 w vaw f m cm 

Ngrcen Energy 
Nrtiern Teiecam 
Novo Carp 
Oshawa 
Pogurfn A 
Placer Dame 
Poco Petroleum 
PWACorp 
Rovrock 
Renaissance 
gagers B 
Rothmans 
Royal Bank Can 
Sceetrw Res 
Scott's HO*» 


7% 

24% 

11% 

17 

37% 

9V» 


21% 21% 
IBS SMS 
30Vj 30% 


1% 


9Vu 

1J7 

16U 

27% 


22% 22% 
99 79 


Z7% 27% 
12% 12% 


ihS?c Con 


Can 

Sherritt Gordon 
SHL Svstemhse 
Soutfxjm 
Soar Aenaoace 
StelcoA 
Talisman Energ 
T eck B 

Thomson New* 
Toronto Damn 
T orator B 
Tronsatta Util 
TransCda Pipe 
Trlipn Flnl A 
Trlmoc 
Trtiee A 
UnJcorp Energy 




7% 

37 

8% 

8% 

17% 


17% 17% 
0 7% 


M 


77% 
22 V. 


21% 71% 
25 24% 


15 


135 

16 

& 


1*% 

20% 

130 

16% 

094 

055 


tse 1 80 Index : *38150 
Previoas : 4236® 


Zurich 


Ad to Inti 6 173 173 

Ahnufne B new 584 ssr 
BBC Brwn Bov B HOB 1(00 


641 841 

3585 3*05 
3775 3808 
735 715 
18® 1810 
900 90S 

70S 705 

717 719 

** ,«7 
7220 1220 


„ Gelgy B 
CS Holdings B 
Eletrirow B 
Fischer B 
interdlscaunt a 
Jelmoll B 
Landis Gyr R 
Leu Hid 8 
Maevenolc*. B 

S lle P 

Ilk. Buetirle Rill J0112JB 
PorgeH Hid B 1®0 1400 
Roche Hdg PC “ ” 

5otra Resubdc 

Sander B 

Schindler B 
Sutzer PC 
Surveillance B 
Swiss Bnk Cantu 
IB ««nsuy R 
Swissair R 
UBS B 

Wflnlerttiur B 
Zurich A5SB 




43® 63® 
141 141 

4000 Ml 
6860 6M0 
7® 7» 

17® 1800 
491 495 

HA 7® 
770 7® 

1329 1314 
0® 060 
1457 1450 


Close 

Bid A* 
ALUMINUM (High Grade) 
Dollar* per ™lrlc Ion 
spot 1061M 1089.00 

Forward I106JD 1109.00 

COPPER CATHODES (Higli 
Dollars per mcmcNM 
Spot 1*7*00 167900 

Forward 1700® 1701 00 

LEAD 

Dollars per metric Ion 
Sm 447® 440JQ 

Forward «6U» 48200 

NICKEL , , 

Dollar* per ewtrtctee 
Spot 497300 4985.33 

Forward 5 035. 00 504000 

TIN 

Donors tm mthlcrwi 

SpqI 47*500 *77000 

Forw art 483100 48®0C 

ZINC (Special High Groae) 
Dollars per metoc ton 
sm 98000 481® 

Forward 99600 998J0 


Previous 
Bid AW 


FTSE 1M (UFFB1 
(2S per Index petal 

Dec 3257.0 32360 32465 —SO 

Mar 32765 33470 336*0 —45 

Jun 


un 329O0 32800 33760 —45 

Esl. volume: 1X576. Open interest: 77013. 


1067® 106000 
1C68O0 1 08650 
Gradel 


Sources: Reuters. Matlt Associa ted Praes. 
London tort Financial Future* E x change. 
, mn Petroleum Enchonaa. 


1671® 167X50 
1695® 167600 


Spot CommodRIe* 


44X50 

457® 


Commodity 
Aluminum, tb 
Coffee. Braz^tb 


4885.00 459500 
494500 475000 


Capper clectraJytic. to 
B. ton 


*730.® 47»® 
*785 CO 477000 


iron FOB, I 
Lead, lb 
Silver, troy ai 
Steel [scrap), ton 
, Tin, lb 
Zinc, lb 


Un 

Today 

Prev. 

0X94 

0X84 

0035 

0035 

D07B5 

0078 

21300 

21300 

002 

032 

4835 

4825 

12950 

12950 

axlu 

32345 

0X509 


95A50 

77100 


755JB 

774J» 


Dividends 


Financial 


LOW Close Change 


Per Amt Pay Rec 


HHONTH STERLING ILIFFB) 
csoaaM - pH of in Pet 


Dec 

Mar 

3«n 

sea 

Dec 

Mar 

Jun 


Dec 

Mar 


9L70 
74.95 
9S.15 
RE 13 
95.14 
94.99 
94J1 
94® 
74J9 
9420 


94.90 

9609 

9511 

•SlM 

94.94 

94J6 

94J5 

94JS 

94.16 


94 ® —am 

94.93 — BO) 


, On Witter Gov IncTr 
High incAdvtoeTr 


95.11 — OJN 
95.15 —HID 


High me AdvTrii 
High 


95.11 — EOS 

94.97 — 0JD 


9680 —002 

94J6 — 0JJ5 


906 —005 

94.14 —008 


Inc AdvTrill 

intercop Collt IMIT 
InterCaP InsMcpi IT 
InterCao Dual MIT 

Meal Income Trust 

Meal incTrwst II 

McpI Inc Trust HI 


DISTRIBUTION 

_ AS50 12-23 12-10 
_ J717 I2-Z3 12-10 
_ 0723 12-23 12-10 
_ .1274 12-23 12-16 
_ JOS 12-23 12-10 
_ J1 12-23 13-W 
. 03 12-23 IMS 

_ 094 12-23 12-10 
_ 00* 12-23 12-10 
_ 026 12-23 12-10 


9455 

9454 

9454 

+ 002 

96X3 

96 43 

9441 

— aoi 

N.T. 

N.T. 

9412 

Unch. 

9&8S 

9504 

9501 

— 001 

95.45 

95X4 

9X42 

+ 001 

9435 

9505 

Fn 

+ 00? 

N.T. 

N.T. 

95.13 

♦ mu 

N.T. 

N.T. 

94.94 

+ 002 


Est. volume: 51026 Open inter esl: 4290*6 
3-MONTH EURODOLLARS (UFFEI 
Si million - pts otlH PCI 
Dec 
Mar 
Joa 
sep 
Dec 
Mar 
Jun 

**Eit. volume: 1.122. Open Interest: 1L863. 
3-MONTH EUROMARKS (LIFFE) 

DM1 million - pts Oft® PC* 

Dec 7301 9308 9109 — 001 

Mar 9405 9*01 9402 —001 

Jim TSJO 95.14 95.17 

Sep 95® PS® 75® 

Dec 9505 9562 9S04 

Mar 950? 95 66 

jun 9SJ9 9SJ4 

Sep 9504 95J9 95® 

Dec 9S27 9523 

Mar 9S.I7 95.15 

Esl. volume: 93073. Open Interest: 7®.9]l. 


07 V18 12-29 


03 12-38 12-20 


05 1-26 1-10 


+ 0.01 
+ 002 
+ 003 


9507 +001 

*557 Unch. 


-a02 


9527 Unch. 
95.19 +001 


LONG GILT (UFFE) 

(3MM - FIS A 32Ad» at I® PCt 
Dec 11M1 If 802 118-07 —003 

Mor 117-20 117-04 117-13 — (HD 

Jgn 116-23 116-23 116-23 —M2 

Esl. volume: 37087. Open mlercsl: 1 36 . 5 3 5 . 
GERMAN GOVERNMENT BUND (LIFFE) 
DM 258088 • pts of 180 Pd 
DOC 10624 100.14 10021 +0.14 

Mor 10025 10007 100.14 +0.07 

Jua 100.15 10al5 10009 +007 

Est. volume: 71.159. Open interest: 147081. 


EXTRA 

PMC Capital 

INITIAL 

Sphere Drake Hides 

REDUCED 

Barnwell Indus Q 

SPECIAL 

Grlet Brothers cl -A - 28 W-22 12-13 

STOCK SPLIT 

. Start 1-28 TNI 
. Start 12-22 12-22 
_ 3tor2 

USUAL 

§ 2 


Amer Pres Cos 
Camatr Sciences 
Si Paul Bancorp 


1-4 13-20 


Q 
Q 
O 
A 

a .10 
o * 
o 02 

Q MV* 

a 05 


09 1-3 12-16 

34 1-31 INI 
.16 3-1 2-7 

00 2-1 1-18 
32 12-31 12-13 
02 1-4 12-21 

M M3 
1-1 12-13 

2-18 M4 


Aclovo Group Inc 
Banda McGlecktin 
Biesairtgs Corp 
Crpr AmaxMlneris 
Fed Home Loan Mte 
Fisher Sdenttflc 
Flight Sofery Infl 
Grief Brothers d-A 
KCS Energy 
r.atv indust rets 
Keliniey mstrmnts 
New Jersey Resaur 
ShavrtxKrt Inc 
Snvder Oil Ccorp 
Standard Com ml 
Total System Svcs 
US Wast me 
o-aneoal; m-mentntY; Q-eoarteriy; s-semV 
unou ol 


80 £ 


1-29 12-31 
12-31 


... 12-20 
1-3 12-15 

1-15 12-15 

Q 08 12-31 12-15 

Q .10 3-14 24 

Q 03% 1-3 12-16 

a J3% 2-1100 


Source: UP!. 


U.S./AT THE aost 


Accord Reached to End Coal Strike 


WASHINGTON (Combined Dispatches) —The Uniioi NfincWmk- 
ers of America and die nation’s largest coal producers have reacnea a 
tentative contract a g re em ent to end a scven-montli strifee oy more coaa 

17.000 miners in seven states. , 

A spokesman for the Bituminous Coal Operators Association smd the 

agreement was reached with the help of a federal mediator. No details 
were provided on tbe terms of the accord. 

The national agreement an a five-year con trad would cover up to 

60.000 min«TL officials said. If approved in a vote on Dec. 14. u would 

end walkouts at mines owned by Peabody Holding Co-, Consol Inc., Aren 
Mineral Corp4 Ziegler Coal Holding Co- Ashland Coa! I oc. and Rodies- 
ter & Pittsburgh CoaL . (V PI. Bloomberg) 


Strike Costs Americas #160 Million 

DALLAS (AP) — The strike by American Airlines’ flight attendants 
reduced profits by at least S160 nriUion and cost the cam Ujg"" 
passeng^ over the five days of the walkout, the jnrhne said Tu«day- 
Tteoompany repeated its earlier forecast that ihe&mkr wouWeontrib- 
* to a loss for the final quarter of the year as wefl as for all of 1993. 


i ne oompany repeatea tis ranra ^ — ~ ■ InViQQi 

me 104 loss for the final quarter of the year as uefl as for aB of 1993. 

Purchasing Managers Are Upbeat 

iirmvnnff //- r » I Tka’Msiinnill AcuYU 


NEW YORK (Combined Dispatches) —The National .Association of 
Purchasing Management said Tuesday it < 

— - AliA F ABP 


x r — .. ejected business to improve 

next year m the United States without generating a surge in mfiation. 

In its cwmiannnat economic forecast, the association said manufactur- 
ing revenue probably would increase 4.7 percenrm 1994. unadjusted for 
infix twin, wink infla tion would rise a “modest" 2 1 percent. It also said 
tha t Christmas sales tins year would be the brightest in 10 years. 

Still, 40 percent of those participating in the association's survey 
predicted that manufacturing employment would d e clin e in 1994, white 
only 23 percent expected it to increase. ( Bloomberg. Knight-Rubkr) 


Reynolds to Absorb Major Charges 


NEW YORK — Reynolds Metals Co. said Tuesday that it expected to 

take a chaige to earnings of SI 50 million to S225 million after taxes for a 
planned restructuring of its operations. 

Tbe company said the restructuring would focus mostly on production 
miitK in an effort to improve performance at a time of “extremely difficult 
marfrui cond itions in th e afcnnimnn industry." About 125 jobs are to be cut , 


Hpinr. Profit Up 25% in 2d Quarter 

PITTSBURGH (AP) — HJ. Heinz Co. said Tuesday that its profit 
rose 25 percent in its second financial quarter due to the sale of two 
an Italian candy unit and a Near East specialty rice business, 
which boosted income by $62 nnftron. 

Excluding proceeds of the sates, profit fell 15 percent in the quarter 
ended Oct. 27 due to a stronger U.S. dollar, higher marketing expenses 
and a higher tax rate. Net income was computed at $193.1 million, up 
253 percent from a year ago. 


For the Record 


Katy Industries Inc. has until Thursday to accept or reject a 528-a-share ' 
takeover offer from Peasler Capital Corp. and Steiohaidt Enterprise Idc... 

deadline passed without response. (Bloomberg) 


they said, after a Monday deadline passed without response. 

Deere & Co. reported a 25-foki rise in fourth-quarter earnings, buoyed 
by higher retail demand in its North American ope r ations. Profit from 
operations was 51033 nriHioa. up from $4.2 twilfion last year. / Bloomberg) 
Upjohn Co. named John Zabriskie, a S4-year-ok) Merck & Co. executive, 
as its rhairmnn and chief executive officer. Upjohn has lacked a chief 
executive anoe the death of Theodore Cooper in April 1993. ( Bloomberg) 
St Jute Medcal Co n the Wtxkfs Irading heart-valve manuf acturer, said 
h wodd buy Etettroniedics for $90 million in cadi and stock. (Bloomberg ) . 


U.S. FUTURES 


Via Astooawd Pmi 


Season Season 
Hign low 


Owl7 

Open High Low Ocw Ob Op.m 


Grains 


IAS 
344 
330% 

33T6 
142 1D» 

123 311 


367 2000 

184 13519 

342 -aoo'i 5J7* 
329 7J90 

331'/>— 300% 421 

14M4-O00V. 5BQ 
3J4 — 0.01 2 


WHEAT (CDCnl 

5LOOObuminirm4T>- Bettors otvbu&el 
389% 39* DOC 73 18615 3*9 '-5 361‘* 

300 MorM 384 1 «5». 3®U 

U0 MOV 94 343 lOV. 3®% 

396 JUI94 329% 3X% 338 

302 Sep 74 330% 131% 330-, 

Dec 74 1® 341% 337 

All 95 

ESL scan na Man's, sales iqjc 
Man's Open M 49,191 011 771 
7WEAT tKBOTI 

5000 bu mintaxxn- dolar* per bustiH 
301% 2J3'8D*C71 379 1® 177 

381 258 Mar 74 366% 34* 348 

347 258 MOV 74 3® 347 3«4% 

328 257 JUI94 12*% 329 326 

338% 302% S® 94 328% IX 326% 

333% 112V.DTC94 

Estsrfes NA. Mon's, soles *.195 
Man's OMn tnt 36®1 up 114 

corn (awn 

5008 bu minimum- doltareper DusM 

736 325% Dec 73 384 L88% 205% 387% *003 14,7*5 

395 137% Mar 74 372% 375 372% 394V, *(UD 9.141 AM 

378 331 % May 94 174% 377% 274 ' , 397% .003% 42J81 


300 * 001 418 

187% -001% 21.118 
346% .000% 5,162 
327 -0.00% U3I 

2J8% H8 

132 -0 00% 658 


Season Season 
Mah Law 


Odoi Hgh Low Cta Chg (JWM 


Eg.iBhi 140(3 Men's. sales 7®7 
Man's open int 93134 rfl 417 
coca* (ncsb 

18 metric tons- 1 per inn 


1506 

919 Dec 93 

1319 

aw 

IMS 

12*8 

1*95 

953 MOT 91 

1312 

13U 

1373 

191 

IM 

97SMOV94 

1330 

1335 

1299 

1301 

1365 

999 Jut 9* 

1343 

1354 

no 

027 

1377 

ion sot 96 

1360 

1368 

00 

1344 

1309 

1841 Dec 94 




OS5 

1383 

. HI77 MOT 95 




1369 

1360 

nil Mot 95 

1375 

1375 

1275 

1379 

?4B7 

IBS All 9S 




73SU 

>350 

1320 See 95 




140* 


—16 473 

— n *1000 
— ' I5U332 

—23 IMS 

—a son 
.—a msi 

-13 7423 


ExLsdes 100® Mot ’ s. sales 5,743 
Men's Boer ini 94085 off <28 
O RANEE JUICE 04CTW 
IUB0 Dl- cents per a. 

13370 *315 Jan 94 10070 1*205 10070 

13475 8450 Mar 94 10250 105® 10340 

13500 B70O MOV 9* 10600 10730 106® 

13500 lOUSJulT* 10800 11O0O 10800 

13430 IOSS3SC094 12315 713IJ 11325 

11100 10BJ0NOV94 10950 W5* 10750 

13200 10350 Jwi 75 110X0 110® 10755 

110® 10600 Mar 95 

MOT 75 

Est. soles 3 000 Marti. OSes MS 
Man's open ini 20,106 all 154 


-73 335* 
— n 383 


Mob Law 


Opvi HM Law One Ctn OaJnt 


02345 

10570 

W7J3 

11315 

0315 

113® 

TO® 

113® 

1050 


t-31511 
t-US 5021 


*3® 
*0® 
♦ 4® 
*4® 


4-4® 


205 

2X1 JulM 294% 

297% 

194% 

297% .003% a 250 









279 

2X0% Sep 9J 278% 

2® 

278% 

279% ,0C% 7J73 



IWHUI5 




2X7% 

206%Dec«4 202% 

204 

202% 

263% *001% 28.231 









274% 

253WMOT95 268% 

270 

208% 

209% *001% 715 

HI GRADE COPraR 

1*0900 





EsL salet NA Mot's, sale 

47585 


25009 tas.-ow*i per to. 










109® 

72® DecR 

77® 

77® 

7470 

7475 

* 005 

X405 

SOYBEANS (CBOT1 




104X0 

7253 JOTW 

77® 

7765 

71® 

77® 

♦0.15 

1*530 

S®0 bu mbiimim- dollars per Bushei 



15750 

7300 MOT 9*1 

78® 

7134 

77X1 


+4M44®* 




*77 

454 *004% 64111 

09® 

74® Air 94 

71® 

71® 

78® 

7775 

♦O.W 


70* 

SjnOMlteM 608% 

491% 

483% 

490% *005 34195 

10220 

7168 MOVW 

78® 

71® 

777S 

7790 

♦in 

7.01 

751 

577% Mot 94 490 

492% 

485 

491% *003% 2*335 

89® 

7410 Jun 94 

71® 

78.10 

71W 

78.W 

♦0.10 

SD 

750 

59«%JU<94 490% 

473 

485V. 

497% *003% 34307 

15295 

7420 JX 94 

7180 

78® 

71® 

7125 

•am 

4X7D 

70S 

438 AU9 9* 487 

4BBVi 

482% 

608% *0® 3,725 

103® 

74® SOT « 

71® 

79® 

7150 

71® 

♦0.10 


476 

417 SeP 94 440 

902 

457 

*01 % •004% 2X13 

10150 

7575 Dec 94 

7*25 

79® 

79® 

7*15 

+0.10 

1938 

7J7V. 

555% NOT 94 438% 

L40% 

43* 

679% *O0Z% 10516 

8450 

7490 Jot 95 




79® 

• 0.W 


456 

418% JOT 95 4*4% 

6X6% 

442 

4X5% *003% 377 

99® 

71® Feb 95 

77® 

77® 

77® 

77 25 

♦aio 


40 

446 MCT9S 44* 

451 

*.47% 

651 *004 i 

8450 

74® Mot 95 

80® 

8050 

7970 

79® 

♦aw 

431 

454% 

4X6 All 95 



454 *001 70 

88® 

7483 May 93 




80® 

♦aio 


450% 

501 % Nov 95 436 

636 

424 

*7S 71 

85® 

78® Jul 95 




8035 

♦aio 

155 

Ed. safes NA Man's, soles 

33,731 



■480 

73®Aog93 




78X5 

♦a» 

4UB 

Mot'S open Irf lt/^D off 

SB 



80® 

79.10 Sop 95 




MJD 

♦aio 


SOYBEAN MEAL (CBOD 




7435 

7570 Od 95 



- 

78® 

♦aw 


1 00 lorer doOcis per km 




7870 

7775 Nov 95 




7193 

♦aio 


140® 

18340 Dec 93 30600 

208.® 

20410 

20*50 -050 5,994 

Est. sole 

9000 Man's, sales 

8717 





239 JO 

184X0 JOT M 20530 

20470 


20*00 -050 27.9*4 


0 it r. 






23750 

16530 Mot 94 20450 

ZD490 

20X30 

*0420 22.141 

SILVER 

INCM30 







23200 

I8S5D Alloy 94 20400 

20460 

281.90 

70300 —0.10 10X37 

4008 fray OL- cents per troy oe. 






23000 

19330X4 94 20420 

20470 

28110 

20300 -010 9054 

sao 

3620OK 93 

4820 

4950 

4820 

4900 



7WP0 

19350 Aug 94 2(000 

20400 

20200 

70100 —470 3098 

5440 

3685 Jot 94 

*825 

4840 

4825 

4916 



21000 

19360 Sep 94 20150 

201® 

201® 

201® *0® 1085 

4*80 

4*10 Feb 94 




ent 




194000(294 199® 

199® 

198® 

19850 *8® 8*7 

5545 

3640 Mar 94 

«40 

4950 

4855 

49*3 

+10 62X34 


TTXJODsCTX 19600 17*00 19650 
ES. sales NA. Mon's.satas 8J9? 

Man's o pen W *1718 OB 736 

SOYBEAN (XL ICBC3T) 

60000 *»- donors per 100 Ds. 


2656 

2695 

2670 

2640 


25® 

2670 

2670 

7470 


1974 Dec W 

2*00 

7777 

7604 

77 3* 

• 0X5 

37® 

20® JOT W 

2490 

27.18 

2*05 

27.14 

*0X5 34877 

21.13 Mcr 94 

2*03 

27.15 

2*4? 

27.11 

*0® 245*7 

JI®MOVM 

2445 

1475 

2*00 

7*74 


71 55 Jul W 

2110 

7415 

aw 

7435 

-0X1 

9X72 

7105 Aug 94 

216? 

2505 

25X0 

7500 

-aw 

205* 


2505 

2515 

34 85 

©15 

•op 

2X17 

22.1000 94 

24.40 

34X0 

3475 

24® 

‘0.15 

1047 

2200 Dec « 

24® 

24.10 

7305 

2J.97 

•a»2 

2,724 

2265 Jon 95 




23X0 


19 


NA. M0rt*6 Mies 13476 
Man’s oeenirt P.981 ad UI 




Livestock 




I CATTLE 

(CMER) 







40000 B»l- cerfi pot fc. 






7665 

tolODecB 

TITS 

71.95 

>102 

>1.12 



»a«Feb9« 

73.17 

73.17 

7207 

7155 


82.75 

73JDAor34 

7505 

7505 

>400 

7A9J 


7X27 

71®JOT« 

73® 

7115 

7272 



73® . 

7920 Ami « 

71® 

7167 

>1® 




71® 

71070094 

71.75 

7102 

>1® 

7140 



7367 

72X5 Oac« 

72J0 

7Z4C 

TVS 

’ZiO 


«l 

ESLSOTSS 

14735 MoWLSOTra 1*48* 



Man’s open irf 77000 

otl 1442 





raDOT CATTLE (CMBR) 













>4® 

79.WJonW 

to® 


8175 

81.97 



85JS 

79® Mar 94 

80.45 

6030 

79.92 

80.12 



85® 

79® At* 94 

80® 






84X0 

79®M0V94 

79.75 

1995 

7900 

7907 

— 0X0 


S3® 

7905 Aug 94 

80.70 






81® 

79® Sec M 

79.95 

79.95 

7V02 

773S 



ES® 

77X5 NOV 74 

79 90 


>965 




80.97 

79® Oo 95 







Est. safe! 

2.1*4 Man’s, safe; 






I Man's open tal 10742 






HOGS ICMEW 







40000 tes. 

-certs Per 4» 







51® 

*007 Dec® 

44® 

44XS 


44XJ 

020 




4670 

4*07 





etas 

39® Aar 94 

40.95 



4702 



SI 40 

4127 Jun 94 

52x5 






52® 

4430 Jul 94 

5275 






51® 

4605 Aug 94 

50.70 

5090 


50.50 





4*75 

46® 





4SJ0 

65® Dec 94 

4865 


• to 

to. 40 

—03 

70 

EsLsrfea 

4018 Mon'S Safes 


Man's open Irf 00*5 






PORKBaJJES (CMER} 






400004k. 

- cents Bar lb. 







*1.15 

39. 10 Feb 94 

5175 






to® 

3U0MQT94 







41® 

XT® Mdy 94 

385 

5175 



■ a® 




53.70 






91® 

A® Aug 94 

51® 





■to 

EOT. safes 


I.S77 





Man's open int 4309 

UP 34 







Food 





COFFEE C tNCSEJ 







37 ®0 4s. 

-cents aerto 







91® 

S9 00 Dec 93 

7400 

74JS 

1070 





iUONkr-Si 

7655 

769S 

IS® 

>•75 




77.90 







64.WJOT 94 

79« 

79® 

7800 

>705 




*640 Sep *4 

80.90 

®90 

1070 

to® 

-oxs 


91® 

■1® DSC 94 

83® 

8100 

83® 

8175 

*0® 


47® 

UTSMorK 

8028 

85® 

85® 

8500 

‘O0S 



M<JV« 




86® 



EOT. safes 

8X52 Morrs sain 






Mon'sepOTirt 477*4 






SUGAR-WORLD 11 (NCSE) 






1 1 2*000 ns.- OTR crer t 







1104 

8® Mor 94 

10® 

10® 

1061 

1066 

‘ 007 


n® 

RJDMcv 94 

1077 

law 

1075 

1879 


11 ® 

9.15JUI94 

10.77 



10.76 


11 ® 

9toO»94 

1073 

1001 

1071 

1072 


10J* 

4.17Mar95 

HU* 

1001 

1075 

1074 

•OBJ 


iars 

1057 Mar « 




1074 

-0® 

11 1 

HL57 

1057 JOT 95 




1074 

*C® 


1057 

las' Orft' 




1074 

*0® 

s 


B£5 
5650 
541 J 
5720 
5 «0 
5720 


301 J 
uinn 
»10 


4725 

4770 

snj 


sum 


5950 

5060 


S14J 


5100 

5I7J 

5)65 


CT0MOV94 4K0 
37I0JUI94 4935 

3765 S«P 94 4970 
3S80DeC94 5m J 
4O10JCTI95 
*165 Mar 75 5100 
41 80 Mov 75 JI7J 
4700 Jut 95 5145 
4730Sep« 

Est sates 36000 Mai's sate, 12^16 
Mon'i open M 102077 off 277 
PLATMUM (MWOt) 

SObovOL- tk*xsp*rtrovca- 
366® 36400 Dec 73 

*27® 33600 Jm 94 377® 38000 377® 

eg® H50ci Apr 9 < sao® an® znm 
moo is?® Jui9* 38i® an® am® 

365,00 3640000 94 

376® 37400 Jon 95 

Est. soles NA. Mai's, sotes U14 

■ “ 34 


4970' 


5062 

SOM 

5104 

JMI 

5184 

5224 

5261 


*80 6327 
♦90 7®8 
♦9,1 

*70 11025 
♦9J 
+M 
+90 

♦90 42 

♦90 


377® 

321® 

Ml 

381.10 


38370 


*U0 

♦0® 10019 
♦0® 67*6 
*0® 1.522 
♦0® 170 

+0® 25 


382® 


377® 
37330 
379 MO 
301.10 


I oe btrv OL- dole** Mr Iror at 

321 JO Dec 73 375® 327® 37X40 
3OJ0JWI84 

331® Feb 94 377® 379® 377® 

33520 Apr 94 377® am® J77® 

339® Jen 94 38100 383® 3m® 38290 
341® Aug 94 383® 383® 383® 284® 
346000094 386® 

343® Dec 94 387® aBLSI 387® 388® 
381®Feb75 371® 

36658 Apr 95 37150 

341® Jun 95 37X90 

388® Aug 9* 398® 

OOfS 4)0® 


♦1® L9S1 
♦1® 14 

♦ I® 76735 

♦ 1® 11095 

♦ LSD 20J85 

♦ 1® 6520 

♦ I® 

+1®II®8 

♦ 1® 14254 

♦ 1® 1,965 
♦1® 1716 

♦ I® 

♦ I® 


OB 2077 


Financial 


7X13 Dec 92 96® 
76 11 Mar 74 7674 
9615 Jun 94 96® 
9606 Sop 94 96® 


96® 

9675 

9601 

96® 


9671 

9647 

96® 


96® 4001 64*4 

9604 4001 Zl®0 

*650 4012 

9631 4000 tO 




112-015 — a 51753 
111-04— B IB® 
1 10- 1»- 035 327 


196*36 oft 209 


124® « 01 81094 

113-06 4 01 14UI7 

110- 16 6971 

m-36 288 

111- 13 76 


i 73117-1* 117-25 116-31 117-12— a 71021 

r 94116-07 116-18 11X33 116-05— 07 236518 

■WUS-10 115-11 114-23 115-04— 02 9J3I 

'94114-01 114-12 113-25 114-05— 02 14075 

=94113-23 114-82 113-15 113-27— D 12049 

*■95 113-05— 02 9 

'*5 118-12— ta : 30 

'« IIT-J1— 02 12 


95® H204MO-9S «U6 9S36 9X30 9X34 

95® 7071 Jun 95 9135 91U .9509 9X13 

95X2 9731 Septs - 94® 961? Ml? 9695 : 

EsLsdes 253.199 MOB's.saieS 2W03O 
MM l wiiBi man off mw 
BRfTSH FOUND VMBO 
sperpoinJ-l paM mats® 0001 
Ufio 13930 OK 93 tsao tM 54 IXRM 14930 

L5384 1®00Mar94 1X974 l®74 l®D 1X856- 

UUB lxwijun9*.!4S50L,»XB» ?®D0_148B2 

Sep 9* 1X740 

' Dec 94 1X722 

BtsotaS Z&4W Atoll'S. gates 36285 
MentOOtolM 42023 UP 399 6 
CANADIAN DOLLAR (CME3U. 

SPOT I*r- 1 paHMMB W0OO1 
0003 07 4*5 Dec 93 07565 U566 07548 07556 

00712 nJXtMtrt* 07541 0756 0737 07MS 

07RB 07X5 Jun 94 07514 07544 07533 07133 

077® 073155(094 <13322 07538 &7S20 07520 

07670 07315 Dec 94 07S1J 

OTS15 OT4<JMcr9S 075D4 

Est sates 70® Mamksatas 26SW 
MOO'S OPenH 37068 UP 3433 
GERMAN MARX ICMBU 

Jptonmrt- 1 NdPtfOWto a 0001 
0X660 6J657Dec93 0J829 0®83 05858 05(74 

0X205 UmitorH 05838 0042 OJBtT 05834 

oxva QJ4Q7JUT94 O50N 0J8B5 0J795 0®07 

04065 m35S*p94 . . 0990 

Est.ptoB SLS92 MOT X. sales 126599 
Mon'S Open tat UQ.17B up 4179 
junuescYsi {cmso 
5 POrw 1 paw eauats SUM0001 

B0B9fSQU07978Dac 21 0009258000(11 00®9260lL00931B 
000994910091 BSJun 94 00O93S5O0O937SlOOf34HLOa938S 
oMwau898405epM a0mna®9«eanNm0eK» 
O0O993BlOOBBflBMir95O8O9aD2DJB9348lliX29292lU)O9J43 
EsT. sates 36731 Man's, sates 41j» 

MtetOPHU 91998 Off 7S4Z 

SWISS FRANC fCMEK) 

sperimc-l oakvequrfsWJOOi 

OTTO 00430 Doc 93 06050 00864 06814 0609) 

07195 04500 Mar 94 06022 04850 04800 06836 

07070 04598 Jun 94 0025 06842 04799 06834 

078® 04609 Sep 94 04*41 

Estsotes 26271 Won't sales 531246 

Mon's open Irf 577S2 w> N256 


—Om 173778 

—Mans®*. 

— O02MO421 


-220 26456 
—118 16147 
— UB_ B 0 


-118 


-9 200® 
—8 MAM. 
-7 1014 
386 


—* a 


— 4M0.161 
—5 19473 
—5 325 

— a 19 


♦® 5707) 
♦X 07 

-n i» 

♦ 38 34031 


♦ 1 39J24 
1217068 
+1 35 

*2 25 


Industrials 


COTTON 2 CNCna 
50000 tax.- cures per *>. 

4*25 544QDIC93 62X5 63® 63® 

8 5X62MO-M <OJS 6*75 6375 

64® 57X7 Mov 94 M.NJ 6X85 6118 

65J0 5O30Jul94 6405 MJ5 6195 

0 WJ1D094 64® *X® 64® 

63® 58®Dec94 61® 64® £LS 

6405 62JDMOT95 6410 64. H) 6410 

6450 '64®Mor9S 

Esi.sc*® Kune Men's. irfes 4094 
Moors open la*. 41 .9*5 up in 


4305 

64JLS 

6575 

HAST 

6*50 

63.95 

6495 


♦ 1® 211 

♦ 1® 24726 
♦I® 7002 

♦ I® 5006 . 
♦100 7XT i 
*042 4032 “ 
*008 

*0JD 


*080 gat- am par gd 


6125 

aim 


I SETS 
57® 


57® 

55® 

57,17 

57® 


44X3 Jon® 4475 45® 

4U8F4DM 45® 4U0 
45®MirM 46® 4605 

«J5Apr94 4U5 41® 

*X30 MOV 94 4505 4425 

45X5 Jun 94 4X70 46® . 

46700X9* 46® 4605 

4705 Aon 91 *7® 47® 
4&.10S9PM 48® 49® 

49.TOOC! 94 4? JO .49® 
5B0QMOWH SB JO 5075 
5105DK98 51® 51® 

5105JB195 51® SI® 
5J05FSD9S a 35 52J3 

aB75Mpr9S SI® 51® 
<9 JO Apr 95 5Q® SO® 

5000 May 95 

BN. (Otoe NA. Mot's, sales 420S5 
Mom o pen tat 190619 OP 1KD 
LIGHT SWEET CRUDE OHBO - 
1®0 bbL- daton P« bbL 
31® 


4X25 

4570 

4X65 

4SXS 

4X60 

4X08 

47® 


9930 


5875 

57® 

|5S®| 

5000 


0® 

50® 

5L20 

S® 

52J9 

51® 

SB® 


«.*! 

0*6 

4X76 

4X61 

071 

44J1 

46.96 

0.96 

091 


5001 
51.11 
51. )l 
5001 


-002 75028 
♦003 28,988 
*018 20028 
»ftW 10356 
*018 2000 
*0.13 9086 
*0.18 18048 
*0.18 2085 
*0J1 2X3J 
*018 1041 
*018 105C 
♦au 2064 
*8.18 S37 

mis 79 
*aiB 
*0.18 
*0.18 


2095 

21.18 


2B® 

21 ® 

20 ® 

28® 

20 ® 

2B® 

2049 


21.15 

19® 

20 ® 

19® 

19® 

2030 

19® 

30®. 


U56JOT194 

R55 




1465 Fab 94 

1*71 

1502 

1404 


15.13MPT94 

I&I5 

1560 

15.17 


15X0 Apr 94 

1557 

1501 

15X8 


1562 May 94 

UTS 

16® 

1567 


1568 Jun 94 

1570 

16® 

uso 


1607 JOT 94 

16.10 

1630 

2618 

1619 

lUtAuoM 

1633 

M® 



16X7 SOT 94 

16® 

1648 



14J8CW94 

1663 

1645 

1663 


1605 Not 94 

160* 




167] Dec 94 

1678 

17.15 

1698. 


17.10 Jan 95 

17.15 

1775 

17.15 

17.19 

1705 Feb 95 




1773 

17AMOT9S 




17X7 

17X5 Apr 95 





18.10 May 95 





1770JOT9S 

IMS 

TM* 

1805 

17® 

16. 10 5*p 95 





U.UOaeH 




14X9 


*013108.986 
*8.13 710® 
*0)4 35036 
*015 20,126 
>016 197® 
*017 370® 
*018 15097 
*OJ» MU® 
*020 11072 

*001 7044 
•022 9X63 
*002 18,192 
*022 40® 
*003 1097 
*031 
*005 

• 006 447 

♦027 1UC2 
*0® 2075 
*030 11011 


Man's apOT ini 422708 u> 7181 
WUADBJOASOLBIa QM0O 
42X00 grf- ants pergrf 
5670 0X25 Jot 94 4035 41® 

9® 41® Feb 94 42.15 43® 

57® 43®Mot94 4305 44X0 

6 UD 4OHApr9M.4UD.4705 

41® 47J0Mor*4 47JC .. 48X5 

61® 4035 Jun 94 4055 49® 

6050 49® JI494 49®- 49 JO 

6000 49® Aw 94 49® 49X0 

5U0 4® SOT 94 

Est.sdes NA Mon*i 0 PMS 30.760 
Mw*seoenW 142794 up 818 


40® 

4L10 

4105 

to® 

*7® 

4050 

49® 

49® 


4077 

42X6 

4190 

47® 

*8.18 

4087 

49® 


*0® 61,151 
•045 21099 
•0X5 14063 
♦04517044 
*0X8 10080 
*002 4787 
*002 957 

*002 1,161 
♦0X2 1091 


Stock Indexes 


SH>COW>.Rmx • (CMBD . 

5M«Mb 

® 1 - SS SS2SS SiS i£t2 O&s -ojouax 


MB® « 09 17® 

183-08 * 05 11077 

100-34 * 09 7 


il iriKon-pfeof 1® ncL 

9002 DK 93 9603 
90® Mir 94 96X1 
90X0 0m 94 9X15 
9006 SeP 94 9505 
9071 Doc 94 95 X 5 


9656 9603 
96X5 96X8 

96.M 96.10 

9501 9X79 

9 X 45 9539 


9155 ♦80120099 
9601 . .3770® 

96-U -00229900 
9X03 —002220953 
9X43 —002147006 


QUO WSMjW 4BM 46X00 46690 46745 

4030 4tt®jun9a 468® 46930 460® 460W I*!! 

EtoOTtaE. NA. MOT'Lsola 7100 W 

Mom open k< 206S6 up 2125 

IWB COI IP.M RX QIVFE) 

peQtf^ontf CW 1 I 5 ■ 

SiSSK&S 33 3^8 32 
»® »« ss » S3 33-58 ^ 'i 


Maodifs 
Reuters 
Dj. Futures 
Com. Reseorch 


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An American Wrangle in Georgia 

U.S. Firm and Republic Battle Over Phone Contract 


Frankfurt 

DAX 


***^ \ry 1 


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i i '■I ■ ‘ I j 


gS»%gSS!!£ 

rt^l ques 5 0n “ wheth «r we will 
stul have a German a<l fpspaer 

djgiy in three years," the Deut- 
scne Aerospace chairman, JflrEen 
Schrempp sad Monday night 

Schronpp ala, raised the 

possibility that the company 

winch simained a net lo^of 341 
Deutsche marks ($200 nril- 

Si “thriT *°i e ^ as a]ossi ° 

the three figure mubous of Doit- 
s'* 6 marks for 1993 —might with- 
draw from the defense seSor. 

“We hope to be able to maintain 
ourselves m the sector, but Tin real- 
ly not sure. If dungs continue as 
they are. if projects are permanent- 
ly scaled down or shelved, we win 
be obliged to ask ourselves if it is 
possible to continue in the sector," 
Mr. Schrempp said. 

He affirmed, however, that 
Deutsche Aerospace betieved it 

would return to profit in 1995 after 

expected losses m 1993 ami 1994, 
due mainly to restructuring. 

He also said cots in the German 
military budget and the absence of a 

government program for promoting 
aerospace could lead to farther job 
reductions at Deutsche Aerospace, 


which has already announced its 
force wffl be reduced by 
ItijQOQ, to 70,000, by 1996. 

The company has called on the 
government to increase support for 
the aerospace industry at a time of 
weak international demand and to 
ease strict laws governing the ex- 
port of arms. 

_ Mr. Schrempp said domestic po- 
litical uncertainties had prompted 
Deutsche Aerospace to discuss the 
possibility of producing the 19-seat 
turboprop Doraicr 228 in China. 

Mexico, he said, has expressed 
interest in btnkfing the more pow- 
erful Dander 328. The company 
has about 50 firm orders and nearly 
30 options for the 33-sealer, most 
of them in the United States. 

Mr. Schrempp said Deutsche 
Aerospace’s re stru c turi ng would 
include selling Dormer Medizin- 
teri mik GmbH, the unprofitable 
subsidiary of Dornier Lnftfahrt 


wauwaa, iu nw> vpuvoi jjjniiiij jmvt 

ducer Jenaoptik GmbfL 

Deutsche Aerospace is also 
studying ve n tu re s in guided-missfic 
and satellite tednwfogywith Aero- 
spatiale of France^- he sakL 

Mr. Schrempp precficted 1993 
rales would be 17 MKnn to 18 bil- 
bon DM, compand with 17 3 bOBon 
DM- in 1992. But he said «wmngg 
would be burdened by about 1 b3- 
fion DM in costs far restructuring 
and job cuts. (Reuter*, AFX) 


By Barry Meier 
and Raymond Bonner 

New York Tunes Service 

NEW YORK— Three years ago, a fledg- 
ling New York-based company persuaded 
officials in the Soviet republic of Georgia to 
give it an exclusive 25-year contract to erect 
an elaborate international telephone system 
to connect it to the world in general. 

What Georgia has received so far is a 
system on which no more than six people can 
make international c a l ls at the same time — 
plus stacks of telecommunications equipment 
still sitting on the lawn of the nations parlia- 
ment buil ding . 

After the Georgian government dunged 
hands lastyear, its officials concluded that 
Videotd Think Tank Crap, of Hempstead, 
New York, was not op to the task. So they 
terminated the contract, which the company 
valued at $45 million, they sued it for fraud, 
and they opened talks wi th American Tele- 
phone & Telegraph Co. and other companies. 

But Videotd, which denied any wrongdo- 
ing and Named Georgia's civil war for its 
problems, was not ready to give up. 

In the midst of Georgia’s war, the U.S. 
ambassador to Georgia, Kent Brown, flew to 
the front last month to visit Eduard A. She- 
vardnadze, Georgia’s leader, and asked him 
to restore the company’s satellite link. 

“We want to make sure that foreign mar- 
kets are open to American companies and 
contracts are respected," said Strobe Talbott, 
ambassador-at-large to the Commonwealth 
of Independent States, the successor to the 
Soviet Union. He and other U.S. officials 
insist that they took no special action on 
Videotex’s behalf. 

The dispute over Videotd, a company with 
seven employees that has never installed a 
public telephone system and has no profits 


and no sizable office of its mu reflects the 
rough-and-tumble nature of doing business 
in former Communist countries.' 

Besides producing lawsuits worldwide, the 
fight has drawn in the World Bank as a party. 
Last year, the bank described Vi dec tel in \ 
memo as a “bottleneck” impeding Georgia's 
progress and indicated concerns about its 
exclusive telephone contract. 

But Videolei has since persuaded the bank 
to withhold a $40 million loan to upgrade 

The dispute over 
Videotex a company with 
seven employees that 
has never installed a 
public telephone 
system, reflects realities of 
business in former 
Communist countries. 


Georgia's telephone service until Georgian 
officials honor the company’s contract 
“We are caught in a whirlwind between a 
company and a government," said a World 
Bank official who insisted on not being iden- 
tified. The loan, which could provide a bo- 
nanza to tiny Videotd, is still pending. 

One of Vidootd's owners, Easa Easa, is a 
lawyer, a local Republican Party leader and 
an old friend of Senator Alfonse' D'Amato, a 
New York Republican. 

The other one. Joseph L Schwartz. Video- 
Id's chief executive, was indicted three tunes in 
New York in 1974 on charges of grand lar- 
cency involving accusations that be had passed 


more than 5309,000 in bad and forged checks. 

Mr. Schwartz said he pleaded guilty to two 
indictments and served two months of a one- 
year prison sentence. “It was a long time ago. 
and i »as a fool." be said. 

Others with claims pending against Vidco 
tel or its joint venture include Austrian Post, 
Telephone & Telegraph, which relays Geor- 
gian Inelcom's calk, and the Russian Satel- 
lite Cornmunwations Co., which carried 
those calls. 

her Georgian officials, the issue is not 
simply money but regaining control over a 
basic "service at favorable terms. Videotel's 
pact gives it 80 percent of any profits from 
Georgian Imelcom. which provides interna- 
tional phone, telegraph, fax and mail service. 

Videotd invested 5240.000 in the venture, 
and Georgia added $60,000. Five of the seven 
board seats went to Mr. Schwartz. Mr. Easa, 
their wives and Jack Easa. Mr. Easa's brother 
and law partner. 

“This means that we had lost control of a 
strategic industry," said Nodar Kb arat i sh vili, 
the first deputy- in Georgia’s Ministry of 
Co mmuni cation. Like Mr. Khara tishvili. Mr. 
Shevardnadze has said bribery might have 
been involved. 

“it is other ignorance, huge ignorance, or 
there is some dun." Mr. Shevardnadze said. 

Mr. Schwartz rejected such suggestions 
and said Georgian officials had broken the 
deal because Videotd would not bribe them. 
He also said the contract was fair because 
Videotd had assumed the project's risks. He 
said Videotd had recently delivered equip- 
ment he estimated to be worth SI million but 
that Georgian officials had refused iL “I fed 
like it is a place that is in chaos and everyone 
does what is best for them and not what is 
best for toe coumrv” Mr. Schwartz said. 



London! " ' : Perl* ' 
FTSE 100 Index ••• CAC40 

330d~ — ’ 3® 




Exchange-:.-. - 

Amsterdam 
gr utieeje " 

Frankfurt-. 

Frankfurt . 
Hafelntt ,-J 
■ London • 

; London - -• “ 

Madrid 

Mian 

Parf* , •; 
. Stockholm 
Vkwm* 
Zurich' 

Sources: Reulers, 


CSSTrend , 
Stock Index- ••• : 
■DAX 
FAZ , 

HEX; • V ,y 
FtoandajTgnas30' 
FTSE 100 ■ 

General index - 

MIS ...... 

CAC40. , . . 
Aflaarsvaeridan 

Stock' faidax 


7,32743 

sm: 

SI £07 
.. 1*558.74 

2*428.80 

3,23730- 
= 303,70 . 
1,262.00 
2,178.12 
1,002.18 
■46838 . 
867.89 ' 


Pm. . % -i • 

Ctow- .; Orange 

139.70 +0.07 

7,283.16. +0.61 
2,11830 ■ -0.16 
61739 . 0.36 , 

'1343 Ad ♦1.05.. 
2,43830 >0.36 

3,237,30 Uncft . 
301.49 40-73 ■ 

1,242.00 +1 Jot 

2,186.74 ' -0.49 
1.S8338 ♦1.17 

478.68 -2 jl~ 

888.87 -0.10 . 

liunpan-^ul Hen IflTr hour 


Rhone to Dek^Pimhase 

AFP-Extel Neva 

PARIS — Rh&ne-Poalenc SA’s plan to acquire the reminder of 
its unit Institut Mfcrieuz will probably not happen before the 
beaming of next year, Rhtae said cm Tuesday. -' 

Khdne-Ponlenc plans to Hft its stake in Meneux to 100 percent 
from the current 5 1 percent 

Executives said the boards of the two companies would deride an 
Dec. 13 whether to approve the tarns of the merger or postpone it, 
following the Dec. 1 decision by Pasteur Milieux Serums & Vaccina, 
an Lnstitm Merieux subsidiary that intakes vaccines, to suspend 
production of placental albumen, Sources dose to the companies 
said the merger would probably be postponed. 

The albumen business repre sen ts armqal sales of 400 million 
francs (S68 nrilHon), and InstitoL Merieux has said the decision 
would cut 1994 earnings 150 mflfion francs. 


Compiled by Oar Staff Fnm Dtspacha 

FRANKFURT — Crucial 1994 
wage talks began on Tuesday in 
Germany's powerful metalworking 
industry as negotiators sought to 
bridge a huge gap between claims 
by the union IG Metal! of up to 6 
percent and management’s quest to 
cut costs. 

Employers in the northern state 
of North Rhine- Westphalia initiat- 
ed a round of talks in the industrial 
town of Krefdd with a call for a 
wage freeze and cutbacks in holi- 
day bonuses. 

In the southern state of Bavaria, 


talks broke off after both sides pre- 
sented initial demands and are not 
scheduled to resume until Jan. 17. 
The union asked for a 5 5 percent 
wage increase. 

Bias Hadjiandreoc, an official 
for the union IG Metall in the 
northern state, described the em- 
ployers' demands as a “ damagin g 
aggravation" of the situation. The 
union is seeking a pay rise of up to 
6 percent and wants job guarantees 
for its members. 


Most ar 
pay deal is 


doubt that any 
until early 1994. 


IG MetalL which represents 32 
million workers in Germany’s key 
carmakug and metalworking com- 
panies. has said that it would agree 
to a lower wage increase if employ- 
ers would guarantee jobs, but it still 
wants a pay rise to match inflation 
of neatly 4 percent. 

Leaders of the employers' group 
have said they were reluctant to 
guarantee employment to workers 
Lhey may no longer need. 

Contracts agreed for the metal- 
working industry traditionally set 
the tone for accords in other sec- 


tors. But other recent German 
agreements point away from an 
agreement close to the 5 .5 or 6 
percent IG Metall is seeking. 

In the insurance sector, the DAG 
union last week accepted a pay 
agreement with a central dement 
of a 2 percent pay rise. 

At Volkswagen AG, workers 
agreed last month to take a 10 per- 
cent cut in annua! pay and move to 
a four-day work week to enable the 
struggling carmaker to cut costs. 

I Reuters, Kmgfa-Rutder ) 


Very brlefiys 

• The European Comm uni ty said its unemployment rate rose to 10.7 
percent of me wort force, or slightly more than 16 million people, in 
October, up by 0.1 percentage point from September. Spain's rate was 
calculated at 21.9 percent and that of Ireland at 18.4 percent. 

• Belgium's central bank reduced its central interest rate by half a point, 
to 7J percent, while Denmark’s central bank cut the interest rate on 
certificates of deposit by a quarter of a point, to 7 percent 

• Ladbrofce PLC the troubled gambling, real estate and borne improve- 
ment company, said it was ranrriing its offer to give a dividend in stock 
rather than cash due to the recoil low price of its stock. 

■ CS Hohfing’s shareholders approved a proposal to raise the Swiss 
bank's capital by 158 million Swiss francs ($107.3 million), enabling it to 
raise its stake in Rank Leu to 100 percent from 54 percent. 

■ Russia's gross national product will shrink by 12 percent in 1993 after 
falling 20 percent in 1992, said Finan ce Minis ter Boris G. Fyodorov. 

AFP. AFX, Reuters. Bloomberg 


GERMANY:^ dimmer of Hope 

Continued from Page 1 get back up because they have rui 


COMPANY RESULTS 


GATT: U.S. and EC, Split on Aircraft and Films, Vow Last-Ditch Effort 


Sfc.' • - 




Revenue and profits or 
tosses, in mftOona, on hi 
local currencies unless 
otherwise intStxrisd. 

Britain 

Grand MetropamuB 
Year W1 W1 

Pretax Net_ TOfl mm 
Par Star* — 1W MM 

^ Raced Elertrouia 
ut nan itn wn 

£SKs=i£S 35 

PW Shorn — — M3K 


Seagram 

jw Otar. WJ9 l]g 

KST^ioASS >Ǥ 

Pw-snara — — M* 

9 Mounts Ug* 1*M 

Bttveam® 4353. 

Pram 232»(a»4U> 

Par Stare — MS — 
a: Loss. 

Germany 

Barer 

M Quar- ,}%3 •!» 

WSSisz 'ffi SIS 

Japan 

Hitachi 

m Hatf in* „in* 

Ravenu* 373T 3JjJ 

Prom 3Mia 

Par Stare — ww 1147 
T: trtUkn 


Hbcfta 

lit Muff . W9 ivn 

RavanuiJ — HIT 9JSJ 

Pram atzoia. 

PwStar*—.- SM 

T: Trillion, a; Um. - 
- Marubeni -- • 

lit Hoff 1*93 , UM ' 

R»Yimoi_^.7Jn TBJST 

Profit 4570. rn 

Pir Short - 3M lit 

T: triltkm. 

■■■ MltnMsM . 

WHOM - .1 19*3 1913 ■ 

RavnMio___ UlT M*T 

Profit : 12220. 1M9Q. 

Par Stare 73* 9JT 
T: Trillion. 

Mitsui 

1st Half 1*93 1992 

Rtvanua — UT JUST 
Prom U0B. loom. 

Par Share— SM *30 

T: TrHUon ' 

Toshiba 

lit Half 1*93 191* 

Par Sharon- . . .107 . . U2 
T: Trfttart. -. 

Hatharlanda 

.INC Bonk 

9 fMnttn 1993 TM 

ProW- U». 1WI 

Per Stare— S30 . i-H 


IMtod States 


- Campbell Sow 
tkQaar. ‘"1994- 1993 

Kavwwt— UH. UK 

OparNat lS3o 15200. 

Oner Share— BM 050 

Hanitscbfeger Imt 
am Roar. Wl im 
Ravanua— MZW 

Natlnc. 2116 2070 

Par Share — 191 073 

roar vn tm 

I® 

Per Share — — 1JS 


ABB 

9MaaNH W 93 MB 

Rawnat. 1?7JO ZUIW. 

Ouar Nat — 1#41P- USS. 

Rwsult* hi US. taltare. 


Morgan Stanley 

mow. m» l jn 

ansrzz.a® ® 

P«- Share — 230 US 

MS- ^ ^ 
&%5*rz “tS "JS 

Penney (JjCJ 
MOW. 1993 Wl 
«=■«:» 
Par Share — , . 0*9 070 

fMealhi .' 1993 "1993 

Ravanua 12682 - 11 SM. 

: Natlnc. snoo wzoo 

PW Share— US 

We s tvoco 

OtbOaor. 1993 1993 

Revenue .JT7JW 6UM 

- Net lac. [aran OK 

Per Share — — am 

Year - 1991 1992 

-Bfe= ig 

Per Shore— 157 2M 


Omttoued from Page 1 

country that has long been seen as the biggest 
obstacle to a deal — Fiance — expressed satis- 
faction with the Kantor-Brittan talks. 

Although the Flench foreign minister, Alain 
Juppi, blamed Mr. Kantor for the lade of a full 
trade settlement he cl aimed “decisive pro- 
gress" on agriculture. Mr. Kantor agreed to a 
series of farm concessions demanded by 
Fiance, including a more gradual phasing in of 
export-subady cuts that will allow Europe to 
export an extra 8 million tons of grain over the 
next six years. 

. France's remaining demands for supporting 
a GATT deal largely involve concessio n s from 


its EC partnera, but Germany warned that there 
would be no new money from hs purse . 

American and EC officials expressed opti- 
mism about resolving their differences over 
films and aircraft, but that will not be easy. The 
sectors are America's two biggest export earn- 
ers, after agriculture, and President Bui Clinton 
has made dear pledges of support to Boeing 
Co. and to the entertainment industry. 

Europe fears that its cultural identity will be 
threatened if Hollywood captures more of its 
movie and television market, and it is deter- 
mined to protect gains made by Airbus Indus- 
trie, now the second-largest plane-builder after 
Boeing. 


Mr. Kantor said the talks on film broke down 
over Europe’s refusal to share royalties with 
American actors and producers, who dominate 
the European box office. Many EC countries 
levy a tax on sales of blank audio and video 
cassettes, with the proceeds split between Eu- 
rope’s subsidy kitty for filmmakers and royalty 
payments to actors, writers and producers of 
films based on their share of the cinema market. 

With the exception of Germany, countries 
deny royalty payments to non-European actors 
and producers. An American source said the 
payments amounted to hundreds of millions of 
dollars a year. 


percent in September. Its target for 
1993 was 4 5 to 65 percent. 

Hflmar Kopper, chairman of 
Deutsche Bank AG, whose corpo- 
rate contacts encompass all of Ger- 
man industry, predicted Tuesday 
that Western Germany's economic 
recovery would be “very, very flat." 

“Yes, we’ve hit bottom, but we 
win still be there for quite a while,” 
be said, announcing a 50 percent 
increase in the bank's loan nsk pro- 
lusions this year, to 3 billion Deut- 
sche marks (Si. 75 billkm), a record 
high. 

“Experience shows that at this 
point m recessions a lot of compa- 
nies fall down and are not able to 


get back up because they have run 
out of resources," he said. 

Economists were particularly 
wary of a 1.6 percent quarter-on- 
quarter jump in private consump- 
tion. Consumers are known to have 
become more careful with their 
spending since the summer as fear 
of layoffs spreads, and the Federal 
Stas tics Office in Wiesbaden said h 
would not recommend extrapolat- 
ing one quarter’s figures to paint a 
rosy picture of growth. 

“The squeeze on real incomes, 
tiring unemployment and an in- 
creasing tax bunlen all suggest that 
the consumer will be very careful 
over the coating year,” said Rich- 
ard Rod, an economist at UBS. 


ANNOUNCES SELLING PRODUCTION OF 
NATURAL SPONGE OF THE PRESENT 
SEASON AS THE FOLLOWING 


NABISCO: Company Flans to Cut 6,000 Jobs to Spur Profit Next Year 


Confined ban Plage 15. 

combination of junk-bond offer- 
ings and bank loans that has bur- 
dened it with interest payments of 
$9. npltion a day. 

The deal appeared to be wring 
well at first, as Kohlbera Kravis 
dramatically reduced RJR Nabis- 
co’s debt load and returned the 
company to public ownership in a 


highly successful stock offering. 

However, the tobacco price war 
has hurt the company. Its stock 
price has fallen about 50 percent 
from its peak value of S13. The 
shares were up 37.5 cents, at 
$6,625, in late New York Stock 
Exchange trading Tuesday. 

Standard & Poor’s Corp., mean- 
while, said it may downgrade $13 


billion of RJR Nabisco’s senior 
debt, subordinated debt and pre- 
ferred stock. S&P, which has had 
RJR’s ratings under review, said it 
would monitor competition in the 
American tobacco market and its 
impact on the company, tax issues, 
the effects of RJR Nabisco’s cost- 
cutting programs and tie prospects 
for its nonlobacco businesses. 
S&Fs BBB-minus rating on RJR’s 


senior debt is the lowest level con- 
sidered investment-grade. 

Fitch Investors Service Inc. af- 
firmed its ratings on about S10J2 
billion of RJR senior and subordi- 
nated debt, including its BBB se- 
nior-debt rating. 

RJR said that, excluding its do- 
mestic tobacco lines, nine-month 
operating profit was up 16 percent 
(UP I, Reuters, Knigfa-Ridder. AP) 


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Tuesday's Prices 

NASDAQ prices as of 4 pjn. New Yort time. 
This list compiled by the AP. consists of the 1 .000 
most traded securities in terms of doHar value, tt ts 
updated twice a year. 





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Page HI 


ASIA/PACIFK 



6 Airbus Craft 



■ ^ONG — Cathay Padf- 
k Airways, HcogXon^ss flag cam- 

Antms lnoustne for six A-340-300 

“waftatapriceofSSOl mflBonto 

P 0081 lts ^nJOiram-capaaty rentes 
between Europe and Ask. 

Cfflhay, due to take delivery of 
the planes in 1996 and 1997, sad it 

wasasx* 

pkon§ them as the new lets amroi 

■ ™ j* * v ®7 8°<xl tune to boy 
atraaft, said a Cathay spokes- 

“I/s a buyras* naST^ 
tterc at the moment because the 
business is very depressed." 

8? 06 * “ a^dyst for 
Standard Chartered Securities, 
agreed that “this is a good tmre j© 
be doing this with companies Eke 
Boeing laying off staff/ 

The six orders replace ax of 14 
options Cathay had on A-330-300 
aircraft from Airbus. The other 
eight option for A-330-300s re- 
open, said the spokeswoman. 
The latest orders are in ad di tion 
to 10 mecBum-range Airbus A-330- 
300s ordered in 1989 for delivery m 
J995 and 1996 to replace Cathay’s! 
aging Lockheed fleet The anEneis 


due to take delivery of 11 
B«ing: 777s between 1996 and 
1^98 and four Boeing 747-400s in 
the next three years. 

Cathay HwirmBTi Peur Sutch 
said the purchase was consistent 
'Kith a cost-cu tting of the 

P*>t two years: “The A-340 is an 
extramriy economic aircraft to oper- 
ate and win contribute to the kmg- 
tenn orufhakafity of die gfr Ktw? 

“Although Cathay, and indeed 
the whole airline industry, axe cur- 
rently faring difficult tunes, we be- 
here that this is a good tune to boy 
aircraft, given that we foresee a 
better business environment in the 
second half of the decade." Mr. 
Sutch said. . 

^ The new aircraft would also give 
Cathay the opportuni ty to 
launching services, to. cjties such as 
Bedin and Madrid from Hong 
Kong, said the Cathay spokeswom- 
an. Such services may be uneconom- 
ic Bring larger aircraft, she added. 

CKM International, a joint ven- 
ture between France's Snecma, the 

prv m«nent. ^wn^ niimnfiw^m T»rrf 

je* engines, and General Electric Co. 
of the United States, said it obtained 
a contract worth S21D miHkm to 


to equip the six newly ordered Air- 
bus plates. • (Bloomberg, Reuters) 


Sanyo to Make 
Flash Chips for 
U.S. Concern 

Agmee France-Prase 

TOKYO — Sanyo Electric’ 
Co. annonncedolans Tuesday 
to invest 22 bSnoa yen ($200 
mfllkmjas part of an agreef' 
ment to irailtn flash memory 
chips under license from Sili- 
con Storage Technology Inc. 

Sadao Kondo, general man-, 
ager at the company's semi- 
conductor business headquar- 
ters, said the investment 
covered a new wafer produc- 
tion line at Sanyo’s semican-' 
doctor plant in Niigata. 

The new line is scheduled to 
start operating in 1995 with 
output of ax-mefa wafers esti- 
mated at 18,000 units a month. 
Hash memory drips do not 
lose data when disconnected 
from their power sources. ! 


Hong Kong Clears Broker 

Morgan Stanley Scrutinized on China 


Reuters 

HONG KONG — The Securities and Futures 
Commission has cleared Morgan Stanley & Co. of 
wrongdoing after it sent local stock prices soaring 
and then plunging with conflicting recommenda- 
tions on China. 

. A spokesman for the commission. Welsey Me- 
Dade,- said Tuesday that die conclusion had fol- 
lowed an investigation into whether the Wall 
Street giant's stock and futures dealers had ad- 
vance notice of the recommendations by two of its 
leading analysts. 

The Morgan Stanley affair provoked a debate 
on the role or Wall Street bouses that trade both on 
their own behalf and for clients, and whose most 
prominent analysts can sometimes send prices up 
or down sharply with their forecasts and recom- 
mendations. 

Under roles against insider trading, investment 
houses must warn off their research and trading 
departments from one another to ensure that deal- 
ers caxmol profit by learning of potentially market- 
moving recommendations by their colleagues be- 
fore the rest of the market knows of them. 

Mr. M c D ad c said the commission had looked at 
whether Morgan Stanley had the appropriate pro- 
cedures in place to “control the flow of informa- 
tion within the firm." 

He said a review of the Firm's trading activities 
in both Hong Kong equities and Hang Seng Index 
futures bad disclosed that Morgan Stanley did 
have such appropriate procedures in place and that 
its traders “bad no advance knowledge” of any the 
information contained in the reports. 

“That’s the end of the story," he said. 

The issue began with a report in September in 
which Barton Biggs, chairman of Morgan Stanley 
Asset Management, prod aimed himself to be “max- 
imum huffish" about China's future economic 
growth. His comment provoked a frenzy of buying 


by American mutual funds using Herts Kcr.: as a 
gateway to the mainland Chinese market. 

As Japanese and European investors jeered in. 
the Hang Seng Index powered ahead airncs: JO 
percent, reaching a peak on Nov. 15 of 9 

The market then retreated, and later that week 
Morgan Stanley announced it was rcdunir.s its 
exposure to Hong Kong relative to other marieis. 
saying the flows of Tunes into investments based 
on the Chinese economy had created a "bub?! jj 371 
the Hong Kong market." 

Thai recommendation sent the market tumbirag 

Regulators said the 
brokerage firm's traders had 
"no advance knowledge" of 
its analysts" reports on 
Beijing's economy. 

Nov. 19. causing a flurry 0 / rumors and wide- 
spread cynicism among the local brokerage com- 
munity about Morgan Stanley's strategy . 

The Hang Seng Index rebounded ar.d passed its 
Nov. 15 high on Tuesday, closing at 9.736.57. ur 
126.88 points. 

Morgan Stanley welcomed the commission's 
conclusion, saying it bad strict procedures ar.d a 
40-member compliance department to ensure that 
its research and trading activities were separated. 

“Although no breach of this policy lock place. 
Morgan Stanley obviously does sat uike lightly the 
rumors or speculation about the integrity of its 
operations or its commitment to the interests of its 
clients,” it said. 


Korean Carmakers See Sales Rise in ’94 


" . Reuters 

■ SEOUL — South Korean carmakers, encour- 
aged by boonring sales this year, said on Tues- 
day they expected a. Anther rise in 1994. 

Analysts said Sooth Korea’s total production 
would increase to 235 million units next year 
front rtwa year’s estimated 2.04 miTHnn, while 
exports would rise to as high as 800,000 from 


; for theindustiy would increase a healthy 
15. percent to 19 trillion won (523.46 billion) next 
ycaffrom.this year's estimated 165 trillio n won, 
they -Said; . 
ibei 


expected sales rises of between 16.4 and II 
percent thanks to a steady rise in domestic and 
overseas .demand 

‘‘Domestic customers will continue to boy 
cars next year, attracted by new models. And 
world demand will continue to be strong,” said 
Song Sang-hooo, analyst at the Korea Autpano- 
bfleAfanufactnrers’ Association. 

. ; E m ergin g i nai ke ls such as Latin. America, 
Sbulheast Aria and China are expected to sharp- 
ly increase imports of South Korean cars not. 


year. Mr. Song said the strength of the yen would 
hdp make South Korean cars more attractive. 

“The favorable conditions that helped in- 
crease car sales this year will remain. On top of 
that, the world’s economy is likely to recover in 
1994," said Chung Phfl-kycmg, director of Kia 
Motors Corp.'s export division. 

Hyundai Motor Co., South Korea's largest 
carmaker, expects sales to to increase 16.4 per- 
cent, to 83 trillion won, next year from this 
year’s estimated 73 trillion won. a company 
spokesman said. Production is projected to rise 
21.1 percent, to 1.15 nriffion units, from an 
estimated 950,000 units, he sahL 
Of total production, about 36 percent, or 
410,000 units, would be exported up 20.4 per- 
cent from this year’s estimated 335,000 units. 

“Our new models, notably the Elaotra com- 
pact and Sonata H sedans, which were popular 
this year among overseas customers, are eject- 
ed to main tain their momentum. In addition, 
we plan to increase exports of small trucks and 
vans sharply," the Hyundai spokesman said 
Kia, whose sales are expected to reach 4.2 
triffion won this year, projected sales of 5.6 


India Admits 

Foreign 

Brokers 

Reutcn 

BOMBAY — India has given 
foreign brokerage houses their first 
chance to operate in the country, 
allowing four firms to place orders 
on behalf of overseas institutional 
investors, officials said Tuesday. 

James Capei £ Co.. Marlin Part- 
ners U.K. Ltd.. KJemwon Benson 
investment Securities (Asia) Lid. 
ar.d Credit Lyonnais Securities 
lAsiaj Lid. are the First firms al- 

ifwsd to pi^ce orders on behalf of 
overseas funds, according to Pratip 
Kar. executive director of the Secu- 
rities and Exchange Board of India. 

“This will give foreign brokers a 
bigger role ir. Indian markets. Until 
now they were only doing liaison 
between' their clients and Indian 
brokers.” Sir. Kar said. 

Last year, for the first time since 
independence in 1947. India al- 
lowed select foreign institutions to 
invest in its 22 stock markets. Since 
the opening of the markets, 124 
foreign funds have registered with 
the government and have invested 
up to S65G million. Mr. Kar said. 

Foreign brokers with offices in 
Bombay said they were already do- 
ing extensive work for overseas cli- 
ents. “We are already doing every- 
thing a broker does, except write a 
contract." said Mark BulJough, 
managing director of Jardine Flem- 
ing India' Securities. 

Still analysis said foreign funds 
were likely to boost investments be- 
cause ordering through foreign bro- 
kers would ensure secrecy. 


trillion won in 1994. A Kia spokesman said 
production would reach 780.000 units next 
year, up from 1993's 620,000 units. Exports will 
soar to 260,000 units from an estimated 160.000 
units. 

He said sales of the new model Sephia and 
four-wheel-drive Sponage had picked up and 
shipments of cars as kits would help increase 
Kia’s total exports. 

“We will benefit from our new model cars. 
They will enable us to expand overseas sales 
greatly, which have been limited by our ties 
with joint- venture partners,” the Kia spokes- 
man said. 

Kia's sub-compact Pride, called Festiva over- 
seas, is produced in a technical tie-up with 
Mazda Motor Co. and sold overseas through 
Ford Motor Co.'s sales network. 

Daewoo Motor Co. said it expected its sales 
to increase 453 percent, to 3 2 trillion won. next 
year from this year’s estimated 2 2 trillion won. 
A Daewoo executive said 1994 production 
would rise to 400,000 units, 180,000 of them 
from this year’s estimated 310,000 

ides. 


Aerospace Plan 
For Malaysia 

Reuters 

LANGKAWI ISLAND. 
Malaysia — Prime Minister 
Mahathir bin Mohamad said 
Tuesday that Malaysia was 
moving' aggressively into the 
aerospace industry.’ 

He said at an aerospace ex- 
hibition that Malaysia would 
begin manufacturing the Ger- 
man-designed Doraier Seas tar 
CD-2, a twin-engined 14-seat 
amphibious airplane, in the 
northern island of Penang 
next year. 

A small airplane jointly de- 
signed by Australia and Ma- 
laysia began rolling off a pro- 
duction line in Perth in 
October. Known as the Eagle, 
the plane is made of composite 
material and will be made in 
Malaysia next year, Mr. Ma- 
hathir said. 


Investor’s Asia 


Hong Kong 

Hang Seng 


Singapore 

Straits Times 



SON 


1993 


^ J A SONS 
1993 


Tokyo 
Nikkei 225 

21503 jTL 

23CC/9 V ’ 
\m 
19QX ■ 

170CC 
«3»- 


\ 


i A S O N O 
1993 


Exchange 

Index 

Tuesday 

Close 

Prev. 

Close 

% 

Char.?* 

Hong Kong 

Hang Seng 

9.73637 

9,609.69 

+ 1 . 22 " 

Singapore 

Straits Times 

2,16334 

2.147.54 

+0.75' 

Sydney 

Aft Ordinaries 

2,073.99 

2.053.70 

+0.9&-. 

Tokyo 

Nikkei 225 

16,903.49 

16,840.38 

+0.37 ; 

Kuala Lumpur Composite 

1,063.25 

1,041 11 

+8.T5.J 

Bangkok 

SET 

1,442.56 

1.377.41 

+4.75; 

Seoul 

Composite Stock 

823.17 

326.49 

-C.4C';;, 

Taipei 

Weighted Price 

4,663.60 

4.708.17 

-OA 2 : 

Manila 

Composite 

2,509.47 

2.434.17 

+3.0*? ■ 

Jakarta 

Stock Index 

523.41 

523.54 

-C.C2 

New Zealand 

NZSE-40 

2,08738 

2.094 79 

-0.34 \ 

3 

Bombay 

National Index 

1.557-23 

1.533.02 

+1.5&.J 

Sources. Reuters. AFP 


I’lirfn.Hutf.jl ricnltl "i i k . ' 

Very briefly: 


• Five Japanese banks said they would cut their short-term prime lent: 
rate, the rate they charge their most credit-worthy customers on loar. 
one year or less, by 0.375 percentage point, to 3 percent. 

• Malayan United Industries Bhd. said it acquired a 52.8 percent siak: ;• 
public-listed Morning Star Holdings Ltd for near!;. 230 million Hori 
Kong dollars (S29.8 million! and a 30 percent stake in Kerry Finar-tii' 
Services Ltd for 60 million dollars. 

• Nippon Telegraph & Telephone Corp-'s chairman. Mas as hi Kajima, wic 
that the his company was discussing multimedia business opportur.iAi 
with Apple Computer Inc. and Microsoft Corp. 

• China's foreign trade deficit hit 57.7 billion in the first 11 month - ■ 
1993. with imports growing 21 .6 percent faster than exports. Separate:/, u 
government of fi dal said Beijing would begin allowing foreign compur -v 
to invest in its gold mines next year. 

• Shanghai Cable Television has signed up 700,000 subscribers. - * 

• Magma Power, a unit of Dow Chemical Co., plans to invest S250 miili- v. 
in a geothermal project in the central Philippine island of Leyte. 

AFP. AP. AFX. KR. Reu: 


Shift by Tokyo in Trade Talks 

Agenee France-Presse 
TOKYO — Japan proposed for 
the first time on Tuesday a set of 
quantitative criteria to assess mea- 
sures aimed at expanding govern- 
ment procurement from foreign 
telecommunications suppliers, a 
U.S. official said. 

The official, who spoke on con- 
dition of anonymity, described the 
offer as a “positive movement" by 
the Japanese side, but refused to 
disclose details or comment further 
on the proposaL 

But the news agency Jiji Press 
reported that Tokyo had proposed 


including the number of procure- 
ment contracts in a future tdcccm- 
munications agreement, along v! ti- 
the number of foreign suppliers at- 
tending meetings to explain Japa- 
nese bidding procedures. 

The United States has insisted Oi. 
the establishment of “objective cri- 
teria" to measure the opening : o; 
Japanese markets, as called for urf 
der a broad trade framework agree- 
ment signed in July. Talks on specif- 
ic market sectors began in October. 

Despite the new Japanese ofiy: 
“wide gaps remain" between the 
sides, said the U.S. official. 



11 


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Page 20 




Tuesday's Closing 

Tables Include the nationwide prices up to 
the dosing on Wall street and do not reflect 
late trades elsewhere. Via The Associated Press 


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How seriously are we taking 
the demands of Rio? 


The Rio declaration calls on nations of ihe world io protect ihe environment 


In June 1992 representatives ot 153 states 
and the European Community signed a decla- 
ration at the Earth Summrt in Rio de Janeiro - the 
biggest environmental conference ever held. 
The declaration calls for our planet to be protected 
through sustainable and environmentally accept- 
able development that does not upset the socio- 
ecological equilibrium. . 

Bayer will play its part in meeting the Rio 
objectives. By conserving raw materials, making 
our products last longer, recycling, improving 
production processes and applying responsible 
risk managemant. 

Environmentally acceptable operations and 
responsible conduct are, to us, important 
steps forward in preserving the natural 
basis of life for generations to come. 

We would be happy to provide more information upon request 
Please write to Bayer AG, Public Relations Department (Kl)' 
51368 Leverkusen, Germany. 


4 : r- 


Bayer i®#*) 

Expertise with Responsibility 


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INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, DECEMBER 8, 1993 


LONDON: Lloyd’s Offer for a Settlement Leaves Investors Disappointed 


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Continued from Page IS 
day both Mr. Rowland and LI eve's 
chief executive, Peter Middleton 
repeatedly hinted that '« might 
prove inadequate to win approval. 


Mr. Middleton likened the com- received offers ranging from 2 to 4 had promised him the opportunity 
plenty of the task of calculating percent of their claims called the to host his own news conference on 
settlements for more than 21.000 proposed settlements “pathetic." Tuesday to explain the position of 
names to a “Rubies cube with a He said that normally he would Lloyd's members. “Obviously they 
seventh side." The sums that Lloyd's have expected the defendant to be- have broken their word once 


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was the best they could do. They 
also wanted wavering npTpre tha t 
the £450 million Lloyd’s was con- 
tributing to the settlement from its 
own central fund could not be 
tapped if members proceeded with 
claims against their agents and un- 
derwriters. 




that the vast bulk of names would 
receive £100,000 or less, and that no 
member* would receive more than 
602 percent of their claims. 

Since its 1988 underwriting year, 
Lloyd's has lost a total of £5j bil- 
lion. 

One lawyer whose cheats had 




settlement of "reasonable" claims 
at 60 to 70 percent. 

Mr. Stockwdl blasted Lloyd’s 
new management for not living up 
to its original pledges. He noted 
that a negotiating commiiiee set up 
last spring had yet to meet. He also 
claimed that Lloyd's management 


Lloyd's members now have until 
Jan. 31 to respond to the offer. 
Although Mr. Middleton refused to 
specify where exactly the £900 mil- 
lion was coming from, the largest 
slice — roughly £450 million — is 
thought to come from the market's 
central fund. 


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Page 22 


SPORTS 


Smith Powers 
Cowboys Past 
Eagles, 23-17 


" By Thomas George 

- A'w York Times Service 

" IRVING, Texas — By the time 
the Philadelphia Eagles figured out 
a way to slow Emmitl Smith, it was 
too late. By the time the Eagles 
found a way to awaken their sleepy 
offense, it was way too late. 

. And as far as the Eagles' playoff 
plans in the National Football 
League, it’s too late for that. too. 

The Dallas Cowboys remained 
one game behind the New York 
Giants in the National Conference 
East Division race with a 23-17 
victory Monday night. 

This game was a lot like their 
first this season, in Philadelphia on 
Halloween. Dallas won it by 23-10. 
and Smith rushed for 237 yards, 
with a 62-yard touchdown run late 
in the game that provided the final 
Dallas points. 

This time. Smith rushed for 172 
yards and provided a 57-yard jaunt 
to the Philadelphia 16 that set up 
the final points for Dallas, Full- 
back Darryl Johnston later scored 
those points on a 2-yard run with 9 
minutes, 16 seconds to play. That 
made it 23-10. 


‘It was the right play at the right 


time." Smith said. “They had me in 
check until the big run. We were 
struggling big-time. 

' “Mark McMillian caught me 
from behind. I thought I was going 


to score. It was like the road runner 
running up alongside the coyote." 

Bubby Blister — who was 27-of- 
45 for 248 yards, two touchdowns, 
one interception — led the Eagles 
back on an 81-yard drive that was 
capped by his second touchdown 
pass to tight end Mark Bavaro. this 
one from 8 yards, to make it 23-17 
with 3:46 left. 

The Eagles got the ball back for 
one last chance, but not much of 
one. They were at their own 1 1 with 
55 seconds left and no timeouts. 
Blister was quickly intercepted by 
safety Bill Bates, who returned the 
ball to the Philadelphia 14. 

It was a big victory for Dallas, 
which was coming off two straight 
losses, including its Thanksgiving 
Day disaster here against Miami. 

Dallas had dominated Philadel- 
phia in the first half, scoring on 
each of its four of possessions, 
while the Eagles gained only three 
first downs in their first four pos- 
sessions. But on two of the Dallas 
scoring drives, the Eagles dropped 
interceptions. 

Eagles linebacker Seth Joyner 
said: “They had three fumbles and 
they bounced back into their 
hands. It's unbelievable, like we 
have a spell on us that has lasted 
the whole season. I don't know 
when our time is going to be. We're 
running out of time." 



An Elbow Rash 


Ituemadmo/ Herald Tribune 

M ILAN — Less than two weeks before the official draw for nat 
summer's World Cup. the powers that be are talking of brightening 
up soccer by dressing the referees in new colors. . 

Personally. I am comfortable with black as the mark of authority. I 
would rather FIFA address the substance rather than the image, and 
prevent the discoloration and disfigurement of players* cheekbones and 
eye sockets. 

If members of the FIFA’s referees' committee, nudged by the equip- 
ment manufacturers, see fit to alter the colors; so be it They can have a 
merry tune trying to prevent red or green patterns on the officials’ 
uniforms from Hashing with the rainbow of colors worn by Cameroo- 
nians or Cnlpmhifliis, sot to mention the multicolored jerseys those 
manufacturers already issue to goalkeepers. 

But if there is time to change the colors, there oogit to be time to 
legislate the prcveteat and injurious use of elbows in soccer. 

Sooner or later, someone is going to be killed. 

Such is the opinion of Osvaldo Ardfles, the diminutive playmaker fear 
the Argentine side that won the 1978 World Cup. Today, Ardfles coaches 
Tottenham Hotspur, and is an angry and sickened mas. His club captain, 
Gary Mabbutt, recently came dose to losing an eye, and may yet lose his 
career, as a result of the mu gging p erpetrated by Wimbledon FC. 

Mabbutt’s bead met the left elbow of John Fa^tann in the penalty area. 
An experienced referee; Keith Hackett, saw no foul, but it took nroboms 
of surgery to piece together Mabb nit’s right eye socket, broken in three 
places, and a cheekbone fractured in four. 

A metal plate beneath the skin is Mabbutt’s legacy of a career 
stretching 655 games in senior soccer. He is 32. a gentl eman of the penalty 
area skirmishes, a triumph of sporting 
propriety over the handicap of diabetes 
ana the occupational hazard of a bro- 
ken leg. He cannot be sure of playing 
while Another . English -profes- 
sional, John Uzzefl, has not been able to even jog since his cheek was 
smashed in similar fashion two seasons ago. 

“I feel sure I will be back.” insists Mabbutt. *T enjoy playing, as much 
now as I did when 1 started as a 15-ycar-ofcL The surgeon tokl me I am 
lucky to have retained the tight in ray eye — a centimeter either way and 
it ccmld have been different." 


It’s Baseball 
No Matter 
How It’s Pat 


Rob 

Hughes 




Beneath dark glasses, his eye, encircled by purple, pink and black 
swelling, looks as if it had gone seven rounds with Mike 


Pad K. Body Apax Fran-Pnat 

Eramitt Smith, puffing away from Wiffiam Thomas, gained 172 yards, 57 on one ran late in die gm?, 


^ _ _ i Tyson. Indeed, 

Fashanu has trained as a boxer, trained in unarmed combat, and reveled 
in the sobriquet Fash the Bash. 

He has broken noses with his elbow or forearm before. His boot has put 
another professional, John O’Neil, permanently out of die game. 


A No-Name Defense Is Honey for Bears 


By Thomas George 

,\Vh Yufk Times Service 

■ CHICAGO — We know defense. Do we 
know the Chicago Bears? 

Well let's see. there is Richard Dent and 
Steve McMichael on the line. We know them. 

In fact. McMichael played in his (87th con- 
secutive game here on Sunday, breaking Walter 
Payton's ream record. McMichael made seven 
tackles and recovered a Tumble during Chica- 
go's 30-17 victory over Green Bay. 

* Not bad for a 35-year-old in his 14th season 
from the University'of Texas. 

* We know safeties Marie Carrier and Shaun 
Gayle and comerback Donnell Woolf ord. Each 
of these guys has been around for at least three 
seasons and each has been a steady producer. 

That's just about it. 

This is as no-name a defense as it gets when 
you are talking about the 1 Oth- ranked defense 
in the National Football League but one that is 
allowing only 12.6 points a game. 

_ It is about as nondescript a group of achiev- 
ers as we saw last season from the Super Bow! 
champion Dallas Cowboys, w hen they finished 
the season with league's No. I -ranked defense. 
.And there is the common thread. 

* Coach Dave Wannstedt. 

Wannscedt knows defense. 

Now. apparently, so do the rest or the Bears. 
Tbev are responding to his call as a first-year 
head coach just like the Cowboys did to his call 
as their defensive coordinator. They scored 
three touchdowns in lifting the Bears past 
Green Bay and into a three-way tie with the 
Packers and Lions in the National Football 
Conference Central Division with 7-5 records. 
And it wasn't just luck. 

‘ Take Brett Favre’s fumble in the third quar- 
ter that led to linebacker Dante Jones's scoop- 
ing the ball and rumbling 32 yards for a touch- 
down. On that play, the Bears sent all three 
linebackers up the middle on a ferocious blitz. 
- Thai cah, on Firsi-and-IO from the Chicago 


40-yard line, was enough to make Favre's eves 
pop wide open. It was certainly enough to make 
Favre simply drop the ball w hile "retreating 
from the rush and trying to make a throw. 

It doesn't likely happen unless the Bears call 
that blitz. 

Right calL Right time. Perfect result. 

.And this keeps happening in Chicago, with 
the Bears on a defensive roll that is startling. 

They allowed 26 points versus the Giants in a 
season-opening loss. Since, they have allowed 
10 to Minnesota. 1 ? to Tampa Bay. 0 to Atlanta. 
6 to Philadelphia, 19 to Minnesota. 17 to Green 
Bay. 16 to the Raiders. 13 to San Diego. 17 to 
Kansas City. 6 to Detroit and 17 to Green Bay. 

They have the only defense that has not 
allowed a 100-yard rusher. In their seven vic- 


'If you saw us in training camp, the wav we 
re coming together, you knew we could have 


The Bears have become 
masters at showing you one 
thing, giving another. 


tones. Chicago has 24 takeaways. In their five 
losses, they have three takeaways. 

They have done ir with numbers, with a 
defense by committee. Everyone plays, every- 
one joins in the fun. 

Wannstedt has different groups for third- 
and- 2 and third -and- 12 situations. He runs 
people in and out of the game for short runs 
and long runs, short passes and deep passes. He 
throws a wave of defensive personnel at you 
that takes on a nasty personality inside the 20. 
This is a defense that has become masterful at 
showing you one thing and giving you another. 

It is long on upstart players, including cor- 
nerback Jeremy Lincoln and tackle Chris Zor- 
ich. It is producing despite a str uggling Bears 
offense — it ranks dead last in passing — that 
helped keep the defense on the field for nearly 
three quarters on Sunday. It produced despite 
allowing 466 total yards by the Packers. 


were i 

something here," Dent said. 

“The more we've been together, the more 
we’ve become one unit hull of layers. We hope 
we can get a little more from the offense and get 
off the field a lot more. But no one is crying. 
We've just taken it upon ouTselves to do our 
jobs and then some." 

It is a wonderful formula. The offense, given 
the challenge from the Bears' defense, wifi im- 
prove. A three-game winning siring against San 
Diego, Kansas City and Detroit — all winning 
teams and all on the road — gave the Bears 
confidence. They have games in Tampa Bay. at 
home against Denver and Detroit and at the 
Rams. All are very winnaWe with this defense. 

Four more victories would earn the Bears an 
1 1-5 record and likely the Central Division title. 
Thai would be a remarkable feat for a team in a 
predicted rebuilding year, a team considered 
short on talent and speed, one that just didn't 
measure up in 1993. 

Jones is one of the no-name Bears worth 
knowing. He replaced a future Hall of Famer. 
Mike Singletary, at middle linebacker, and in 
Chicago , that was considered trying to replace 
King Kong with BenjL 

But Jones has been more than up to the tasL 
He was stellar against the Packers and made his 
fourth interception, the most by a Bear at that 
position since Dick Butkus in 1971 and only 
three fewer than Siqgletary made in 12 seasons. 

That tells you plenty about the changes in 
roles and in assignments that Wannstedt has 
made on this Bears defense. 

“All we have now is an opportunity.” Wann- 
stedt said 

Carrier added: “We’re surprising some peo- 
ple. sometimes even ourselves. We're circling 
the ball, we’re aggressive, we're in a nice zone. 
We're in first place" 

We know where the Bears were supposed to 
land What a wonderful place they are in. 


Gascoigne 
Reportedly 
For Sale 



Reiners 

LONDON — Leeds has ex- 


pressed an interest in buying Paul 
tlthough the 


Gascoigne from Lazio all 
Italian club said Tuesday it had no 
intention of selling the English in- 
ternational midfielder. 

There has been widespread me- 
dia speculation over the past two 
weeks that Gascoigne was return- 
ing to England and, Tuesday. 
Leeds became the latest club to be 
linked with him, although its man- 
ager . Howard Wilkinson, stressed 
that talks were at a tentative stage. 

In Rome. Enrico Bendoni, La- 
zio's general manager, said that 
“Paul Gascoigne is not going to be 
sold by Lazio at any price. He is 
simply’ not for sale.” 

But Bendooi's comments added 
another twist to what is developing 
into the type of long-running saga 
that surrounded Gascoigne’s trans- 
fer from Tottenham to Lazio for 
S8.25 million last year. 

Leeds, currently second in the 
Premier League, says it was alerted 
some time ago that the Italians 
were prepared to sell Gascoigne. 

“We were contacted along with a 
number of other clubs including, I 
understand. Blackburn. Newcastle 
and Manchester United, and asked 
whether we would be interested in 
Gascoigne,” Wilkinson said. 

Gascoigne is to return to action 
Sunday against Juventus after two 
months cm the sidelines. 


i prove 
conclusive. 

It was tried a year ago, when the charge of assault was filed after an 
elbow broke Uzzefl’s cheekbone. The case was lost the moment Graham 
Kelly, chief executive of the English Football Association, said under 
oath that be saw “two hundred’' such collisions a week. Kelly’s well- 
meaning but ill-advised defense of profesaonals, let alone die nuDion or 
so schoolboys the FA serves, makes legal retribution very remote. 

Still, Peter Beardsley, another of England's finest, is consar 
counsel's advice on an elbowing from Liverpool's Nefl Ruddock 
destroyed Beardsley's cheekbone in a pre-season “friendly.’’ 

But wait I write this in Italy about the FngKA playing fields? It is 
neither a new, nor a peculiarly English happening. 

Back in 1983. in the opening minutes of the European Cup final in 
Athens, Claudio Gentile of Juventus broke both died: bones of Ham- 
burg’s Danish forward Lars Bastrup. Gentile is by all accounts a. gentle 
man. a collector of small binds. But had action bees taken those 10 years 
ago, had the likes of Marco van Basten and others been discouraged from 
letting their elbows stray into the faces of opponents, I doubt very modi 
Mabbutt would be such a ghastly casualty today. 


The Associated Press 

-HONOLULU — is the language 
of baseball mieroationai? 

From aQ indications, it is in the 
Hawaii Winter League. 

Two composite teams, made op 
Of DouMe-A and Single-A played 
from the United Stales and profes- 
sional leagues is Japan and South 
Korea, have managed to overcome 
the ifl pjnMgg barrier to battle for 
the league championship. 

The Kauai Emeralds, with a 
sprinkling of players from South 
Korea, are managed by Trent Jew- 
ett of the Pittsburgh organization. 
The H3o Stars are made up primar- 
ily of Japanese players. 

Tim Ireland, manager of the 
Stars, has an advantage over Jewett 
in that he played for two seasons in 
Japan with the Hiroshima Carp. 

StHL he has bad some pretty con- 
fusing m oments . 

“Like the tune I went to the 
mound to talk about a numers-on- 
base situation," recalled Ireland, a 
fna?ragpr in the Milwaukee farm 
system. “Here! bad. three Japanese 
players and two Americans around 
me. 1 give ’em the ‘If the ball’s hit 
here, we do tins* and if the ban’s hi t 
-there, we do that.’ I was feeling 
pretty good about getting my mes- 
sage across as I turned to walk back 
tothedugout. 

“11160. (he American players 
called me bade and asked.*Hey. 
what about ns/ I had forgotten'] 
had talked only to .the Japanese 
players in Japanese and left out the 
Other two guys." 

Said Jewc£, “ItY hard 
comnnimcatingwithabtmchof) 
year-olds in English, let alone Hy- 
ing to do it' in a language l don’t 
speakf . 

. The Stars' catcher. Joe Perona, 
said dial “coming in, i knew this 
was going to be a challenge" in 
getting his thoughts across to i 
staff that has six pitchers from Ja- 
pan. j 

Ji did not take long. In the first 
game of the season, the American 
Starter got in trouble and in strolled 
Naold Yoshida, a farmhand of the 
Orix Blue Wave. 


* 




r 

t 


’ “So I go rmming dot there, and 
D from the mound, it hit 


T YPICALLY, HE INTENDED making no bones about bis misfor- 
tune. His initial response was to ignore people raging him to take 
civil action. But as a senior member of the players’ ratios, Mabbutt 
studied the video and then remarked: “There is a need to highlight the 
type of injuries caused by elbows." 

He described Fashanus attempt as “a very clumsy challenge” and 
added that “at that moment John Fashanu was playing professional 
football without doe care and attention.” • 

After visiting the hospital, Fashanu said, “I feel terrible; as I always do 
when somebody's injured." He claimed that he, too, was injured by the 
elbow or arm of Mabbutt. Moreover, Fashanu and the Wimbledon dub 
accused Tottenham of publicizing the modem to “blacken” Fashanu’s 
name. 

Worse, Fashanu, a Nigerian, said that “if this incident had happened to 
a white player it would not have been blown np. It’s character assassina- 
tion.” 

The racial shir is Fashanu’s invention. A thriving business millionaire 
and a television celebrity, he surely must know thaL 
Fashanu has been asked by the FA for his observations on the incident. 
He need only say it was a mistimed collision the like of which are seen 200 
times a week. 

In the interests of sport it is time FIFA did away with the question of 
intent and instructed those men in black — or red or green or whatever — 
that the use of the elbow, accidental or otherwise, is foal play punishable 
by the red card. 

A draconian measure, it will surely bring injustice. But at least it would 
err on the side of safety. 

Rub Hugho it on Tmu. 


about a step from l 

me: ‘Hey, the guy doesn’t speak 
English and I don’t speak a word of 
Japanese, cither,’” Perona said. 
“So Tm wondering, *OX. what am 
I gonna do now? - - 
- “Ijurt stood there at first. Then I 
said a few thnns. He smiled at me. 
We both shoe* our beads, and I 
went back behind the plate.” 

. *Tve been using a lot of sign 
language when I go out to the 
mound, but I think I*m finally get 1 
ting across,” he added. 

. Ireland just laughs. 

“He thinks he’s a foreign dipjo- _ 
mat out there,” the ma n a g e r said.*- 
“He goes to the mound and talks 
his had off. and the Japanese just 
keep nodding, like they know what 
he's talking abooL. But I know for a 
fact they don't understand a word 
he’s saying. 

“The nice tiring about baseball, 
though, is we all pretty much speak 
the same language,” Perona said. 
“When something goes right, ev- 
eryone pats each other on the buck 
And we’re all here for the same 


mo AM 


■V,*- jV 




, ... 


reasons, to play, to learn and to get 
better.” 


DENNIS THE MENACE 


PEANUTS 


CALVIN AND HOBBES 



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IN BERLIN 

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INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, DECEMBER 8, 1993 


Page 23 



TV’s Eur 


By Ian Thomsen 

International Herald Tribune ■ 

Wrt, awa to break even by 1995. Can h 

norm^tf n0 qqj. b 

E I MWi l l a n Vf. V _ , 


Agrees Jean-Qande Dassier, the respected vice 
president for Eurosport. “It is sot a bad idea. 
Bnl at this time it's not realistic. We have no 

money to waste.’ 

i was criticism 




Wt.*:. 




JPiaEty. Tire production seem 
at sports junkies, , the th^Ving being that 
ray will put up with anything to get their fix. 
i he commentary a often so poor that a viewer 

would be better off uniting the sound. 

8° W*pk habitually. Changes are made in 
schedules without warning, events are replayed 
m the wrong order. Employees teS of tapes so 
worn that the tape-decks cannot respond an 
demand. j . . 

Things areso bad at the ft*ris-b«ed £ttro- 
spOT that ESPN, the 24-hoor US. sports uitt- 

wrak and one-third sbarthokler, hired; a consul- 
tant In ^ n mm 


Emope. 

- “We are not a French dtaand," Dassier savs. 
“We know that Our permanent drinking Is: 
What is it that we should say to our German 

clients? .We know this perfectly. It is a kfr«T of 
accident that the uplink is in France, the budd- 
ing is in France, that we speak Fnach. Believe 


oped between Canal Plus and TFJ. the private 
French channel w hich oversees Eurosport's 
non-French business. When f>na 1 Plus over- 
sees production for the French Eurospon, the 
viewer is more likely to receive the professkmal 

■_ ^ ^ gxpened of a 

.p,. ~ The philosophy of Canal Plus 

is to swallow financial losses in order to develop 
a relationship with the audience. TFl, on the 
other hand, wants Eurosport to become profit- 
able as soon as possible: Dossier, by the way. is 
also director of spoils for TFl. 

Nook at Eurosport seems inclined to judge 
production cm the bass of quality. Mason — 
who did not respond to an interview request — 


Jaded Sports Addicts 


predecessor, TESN. Telecasts are by 

four to six announcers, each speaking a differ- 
ent la n g u a ge , sitting in a row of soundproof 
booths m Paris. Hie English gnn o wicgr mi g h t 
have done his homework, while the Dutch com- 
mentator in the booth next door might know 
relatively little about the event he is covering. 

One commentator tells of announcing a short 


preview — then glancing up at his screen, 
noniik ’ 


frSl" 


* 


^ — V » wi BUT UL u nvc. ync ui curospon s imn 

tMtto review Eurqsparfs operations. Geoffrey produce programming nnique tc 

ABC core Erirojwm Un^gS/Thus far its only 
-^Ja^ta^thsFrendiai^li 

SZigE&tE?SlJSL2£g 

tionchaimeL 

why not? Our main market is in Gttmany," A source ai Eurosport says a rift has devel- 


“P — — - ■» * ww. ywiv»w WIKJ UiU IHJL IQfJUUJ UJ dll UUCrVlCW iClfUCai 

m^ we kn ow perfectly feat the French market is reportedly interviewing four candidates from 
of Eurosport is not important.” ESPN to become executive producer with 

DasskFs is the most complicated mUw*n jn sweeping powers over Eorosport starting early 
European TV — to broadcast more than 100 next year. However, Dossier is thought to prefer 
sports annually in four to six languages, modi ‘that the job be filled by a European — a 
of it Eve. On* a! Eurosport’s distant goals is trf suggestion he does 

nnvhM ni i MUMm?. .!. ... .L .r ,L- ti a ij in 


rifted, to see that the game was b eginni n g 
without warning. He went on to wnminpf the 
match lembh’. he felt, but what surprised him 

was that Eurosport -nfrnrf him to return. “I 
don’t thick anyone there ever listened to mv 
broadcast,” he said. 


athletics world championships. As an EBU 
member, Eurosport can, in effect, purchase 
rights to other events from EBU member sta- 
tions at bargain prices. 

Bui on weekends, which is prime time for 
sports, Eurosport can be death to watch. There 
is hour after hour of Formula One motor racing 
(including all of the time trials and warm-up 
laps), and World Cup skiing (every heat regard- 
less of its significance), and ATP Tour tennis 


to the big events, such as the Winter Olympics, 


which Eurosport will televise 24 hours per d^y 
jraary.Thra 


(which, arguably, is coveted past the point of 
of public 


To improve production and commentary, 
ill be our effort,” savs Dossier. “Wc 


to each of the He also would like to hire at least three more 


producers, but says the network cannot afford 
iL He agrees that quality control is Esrosport’s 
weakness, but “only a qnaif one." 

Viewers might disagree. People who have 
never announced on TV are readily hired by 
Eurospon at a fraction of the wages paid by’ its 


this will „„ 

respect the opinions of viewers, and it’s proba- 
bly true that TESN managed a tittle better its 
production and commentary. But this is be- 
cause we have focused all our efforts on the 
rights business.” 

Since its conception by the European Broad- 
casting Union. EBU. in 19S9. Eurosport has 
held rights to an unmatchablc programming 
bloc. The EBU negotiates rights fees on b ehalf 
of Europe for major events such as the Olym- 
pics, World Cup soccer and the international 


diminishing returns to the th reshol d 
bonsdomj. But rather than promoting the diver- 
sity of its programming, the effect is that of 
simply filling airtime: 

It is on such weekends that Eurosport earns 
its nickname as “the junkyard of the EBU.” as 
one European TV executive calls it While con- 
tending that the benefits of its EBU partnership 
are exaggerated, Dassier boasts that one- third 
of Eurospan’s budget is devoted to rights fees. 
This percentage in iisdf is not impressive, espe- 
cially since Eurosport cannot be spending 
much on production or announcers. 

Even though he would refute claims that his 
network is all-take and no-gjye, Dassier would 
not reveal Eurosport’s operating budget. 

Eurosport is at its best when tied in by EBU 


in February. Those days might be numbered. A 
source at the International Amateur Athletic 
Federation predicts that rights fees to its World 
Championships soot will be offered separately 
to satellite broadcasters. If, as expected, a simi- 
lar pose is adopted by the International Olym- 
pic C ommi ttee and FIFA the international 
soccer federation, then the Eurospon-EBU link 
to major events will be cut. Eurosport would 


have to pay the full market price, perh aps by 


the end of the decade — with the i 
competition from other satellite networks. 

“It is not serious to say these things,” re- 
sponds Dassier to such doomsday predictions. 
“We are not a free, small and mop channel 
We have three big and very major shareholders. 
We will be in this position for a long, long time. 
We are the channel who will stay longer in life 

market" 

His cable-satellite audience is growing by 
10,000 homes per day, he says; the furore be- 


longs to a fledgling network like bis. But in the 
now, Trl is reaching for the quick 


here and now, 
franc, officials in the business agree, and any 
sports fan on the sane side of addiction is 
offended. What kind of foundation is that? 


V; 


TTie NBA on TV, Worldwide 


Mr-.V- 


>9 — i 


National Basketball Association 
games can be seen xxi a regular basis- 
on the following television station, 
according the league ofOce handling 
telecast rights. Please chock your lo- 
cal Ustthgs Tor broadcast times 
EUROPE 

Austria - DSF; Azores - AFRTS; 
Belgium - Canal +; Bulgaria — * 
BTV; Crete - AFRTS; Croatia - TV 
HRVATSKA; Cyprus - Lumfere TV; 
Czech Republic - CST; Denmark - 
Darurad; France - Canal -t-;Germa- 


TV; China - CCTV, Star TV; Guam - 
ESPN international; Hong Kong - 
TBD, Star TV; India - Star TV; Indo- 
nesia - SCTV. star TV; Japan - 
- NHK-OBS, JSC, Star TV; Laos — Star 
TV; Malaysia - TV3, Star TV; Mongo- 
lia - Stan TV; Nepal - Star TV. New 
Zealand - Sky Network, Star TV. 
TVS; North Korea — Star TV; Pakistan 
- Star TV; Philippines - Repubfc 
Bdcst System. Star TV; Singapore - 
Singapore BdcatCorp- Star TV; 
South Korea - AFRTS. SBS, Star TV; 


ny - DSF, SATf; Greece - Mega-* Srt Lanka - Star TV; Tahwre - TaF 


**’/■ 






Channel; Greenland - AFRTS; Hun- 
gary - MTV; Iceland - Icelandic TV. 
Channel 2; Ireland - RTE; Jamal - 
1CP, 2d Charmel, Star TV; Italy - 
Tatemontecario; Latvia - Lahr^as’ 
TafevbJja; Lithuania - Baltic TV; 
Moldavia — star TV; Netherlands - ‘ 
NOS; Norway - TV Norge; Poland - 
Channel 2; Portugal - RTF*; Romania 

- RTI; Russia - Russian TV; Slova- 
kia - Slovak TV; Slovenia - TVSto- 
venQa; Spain - TVE 2. TV3; Sweden 

- TVS; Switzerland - DSF. SATI; 
Ukraine - 1CTV; United Kingdom 
Sunset & vine. rrv. . . 


tec. 


MIDDLE EAST 

Abu Dhabi — Star TV, Abu Dhabi TV;. 

Aden - -Star TV; Bahrain - Star TV; Ws; Jamaica - CVM; Martinique - 


wan TV, Star TV; Thailand - 
Star TV 

NORTH, SOU1H AMERICA 
Argentina - Channel 11; Aruba - 
Tete-Aruba; Bahamas - Bdcst Corp- 
Beharaas; Barbados^ - ESPN Intar- 
nafloriaCBoiMa - ESPNJmemafion- 
al; Brazil - Bandeirantas; Canada 
TSN; ChBe - ChwmeMI; Cokxnbia 
- ESPN international; Coeta HJca - 
C hanne l 2. Channel 29; Cuba - 
AFRTS; Curacao - ESPN Interna- 
tional; Dominica - ESPN Internation- 
al; Dominican Rep. - RTVD; Ecua- 
dor - Channel 11; El Salvador - 
Canal Doe, SA.; French Guyana - 
ESPN International; Guatemala - 
ESPN international; Honduras - Car 


T&.:: 


i- -'.vi 

ftPTV: 
Si • 


Dubai - Star TV; Egypt - star TV; 
Iran - Star TV; Iraq — Stir TV; Jor- 
dan - Star TV; Kuwait - Kuwait TV, 
Star TV; Lebanon - Middle East TV,. 
Star TV; Morocco - 2M; Onum - 
Oman TV, star TV; Qatar - Star TV, 
Qatar TV; Saudi Arabia - Aramco 
Channel 3, Saudi TV. StarTy; Syrte 

- Star TV; Tunisia - Canal Hortron; 
Turkey - TRT, Sar TV; United Arab 
emirates - UAE TV. Star TV; Yemen 

- Star TV. - 




ASA-PAQHC- ; - 
Afg hani stan - Star TV; Australia - 
Ten Network; Bangladesh - Star TV; . 
Bhutan - Star TV; Brunei - Star TV; 
.Burma - Star TV; Cambodia — Star 


ATV; Mexico - Channel 13; Nicara- 
gua; — Canal 12/5. ESPN Intemation- 
Panama - Channel 2, Cable 
Onda; Paraguay - ESPN Internation- 
al. Channel 7; Puerto fVco - WUI; 
SaoTome - STB; SL Luda - HTS; 
St Maarten - ESPN Intamational; 
Trinidad - TaTTVj Uruguay - Ca- 
nal 4; Venezuela — ESPN Interna- 
tional. VanevWon. Canal 4. Tetovan. 
-.AFRICA. ■ 

Bophutfi ate wenia — Bop-TV; Burk/na 
Faao -V TVft:Cape Vearide - CVB; 
Ivory Coast - Canal Horizon. RTI; 
Madagascar - Star TV; Mauritius - 
Star TV; Nigeria - NTV; Senegal - 
Canal HortzorC - 



Somes’ Defense Makes 
Opponents Listen Up 


7ft* Assodaed Press 

SEATTLE —The Seattle Soper- 
Sonics ihmk their high-pressure, 
trapping defense is the one thing 
that could lead them to an National 
Radr« frail Association champ ion- 


% 


It’s hard to argue with the pre- 
mise. 

The Sonics improved their re- 
cxffd to 14-1 — the best start in the 
club’s 27-year history — and 
equaled a team record with 23 
steals Monday night in a 103-96 
victory over Washington. 

The Bullets, averaging 17 turn- 
overs a game, were forced into a 
season-high 30 that turned into 30 
points for the Sonics. 


said. “They’re so quick it seems like 
they have seven or eight guys out 
there at one time.” 

The Soaks can play their gam- 
bling. relentless style of defense be- 
cause they have the talent. Eight 
players had steals against Washing- 
ton and the Sonics’ steal leader 
wasn’t even a guard. 

All-Star forward Shawn Kemp, 
the team’s best athlete, led Seattle 
with six. Mc Millan had four steals, 


NBA HIGHLIGHTS 


In the oily other NBA game 
Monday. Utah beat New York 103- 


96. 


keben SoriWTbe Aaobacd Fnm 

Detief Sdtrempf bad file ball batted away by Mitchell Bader, bat the Soaics stole it 23 times. 


No other team plays defense 
with the nonstop, double-teaming 
trap that the Sonics use. 

“People call it a crazy defense,” 
Nate Mc Millan of the Sonics said. 
“It is a crazy, but it’s under control. 
We know where we want to be, 
where we're supposed to be. where 
we’re supposed to go and the rota- 
tions we’re supposed to have.” 

So just bow tough is it to play 
against the Sonics? 

“With guards like Nate and 
(Gary) Payton, they’re all over the 
place.” the Bullets’ Tom Gugbotta 


Payton three and Kendall Gill, Se- 
attle’s other gnard, added two. 

“Even when we’re not shooting 
well, we’re stealing the ball,” Gill 
said. “Those opportunities make it 
a kH easier to win.” 

Fifteen games into their 
the Sonics lead the NBA in steals 
(13.2 a game) and forcing oppo- 
nents into turnovers (21.6). They’re 
aim leading the leagne in shooting 
percentage (-508). Those layups 
and dunks after steals add up fast. 

The Sonics’ points come in 
bunches — fueled by a defense that 
takes the ball away from point 
guards with surprising ease. A lot 
of good NBA pram guards can look 
horrible when players tike Kemp, 
McMillan, Payton. Gill and Detief 
Schrempf combine to doable-team 

them 


The Sonics traded away Derrick 
McKey, one of their defensive cor- 
nerstones, to Indiana Nov. I, five 
days before iheir regular-season 
opener, in an effort to add more 
scoring. 

‘ They haven’t missed McKey oae 
bit. They’ve also won four straight 
since their Nov. 27 loss in O eve- 
land without Ricky Pierce, their 
top scorer the last two seasons. 
Pierce is sidelined with bone spurs 
in his left foot 

Mc Millan thinks the Sonics have 
a chance to break the NBA single- 
game record of 25 steals set by 
Golden Slate in 1975 and tied by 
the Warriors in 1989. 

“I was talking to some of the 
guys from Washington after the 
game,” McMillan said. “They said 
they couldn’t believe how quick we 
were on the Door. We want teams 
to worry about us, to fed like some- 
body is craning up behind them 
when no one is there. When you’tc 
playing tike that, you’re going to be 
out of your game and that’s the way 
we want you to play.” 

Beating Washington fra the sec- 
ond time in five days, Seattle got 18 
points epch from GDI and Kemp. 
Karp also led the Sonics with nine 
rebounds. Schrempf added 15 1 

Houston, which has the 
best record at 16-1, will play SeaUte 
for the first time Saturday in Texas* 




^SCOREBOARD 


*■*•*•- 


BASKETBALL 


■*;s - 

Sir.." 


NBA Standings 


bastkrm cohfekence 


Tmcb-EI Pom A.Hiw Mexico SL 72 
Tam M. Oral Roberto 7* 

RUt WEST ’ 

Aft- Force 12. Now 7* 

Colorado SL 97. MW Ul 85 ‘ 

S. utab SL N. Arizona 73 


HOCKEY 


NHLSfamflngs 


Intrumjustitia 
Still Leads Tokio 
As Leg Nears End 


SIDELINES 


EASTERN CON FERENC! 




W L 

Pet 

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1 

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SB 



FOOTBALL 


MFL Standings 


PMkMMa 
New Jersey 
Washington 


Atlanta 

OnrlaHe 



OevetaxJ 

UetroH 

Imflano 

Milwaukee 



11 4 

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8 8 

JOS 

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7 7 

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316 

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CONFERENCE 

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JOS 

4 

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533 

7 

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Miami - .* 
Buffalo - • 

N.Y.Jeto . - - 7 

lacOamwons 4 


PIS PP PA 
JSD MBS 
MO HST77 
•583 246177 
jxn iaz7o 


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17 11 
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2 42 104 72 

1 35 122 113 
4 34 fl 47 

2 24 79 S3 

3 21 44 77 

2 20 90 96 
2 18 45 8 


13 7 

13 8 

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31 MO 

32 M 


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13 

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26 

97 

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10 

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e 


547 209 197 

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13 

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15 

as 

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Pittsburgh 

• 7 


583 348210 

WESTERN CONFERENCE 



Cleveland • 

6 

• a 

500 219238 


Central 

DMsHb 




Ctndmart 

1 

11 8- 

*J83 134 172 


w 

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13 

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32 

104 

100 

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530 235 104 

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7- 

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13 

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417 190 ZI7 


Pacific Otvtstaa 





Seattle 

Phoenix 

PorHand 

Golden Slate 

LA Lakers 

LACHeoers 

Sacramento 


14 1 
n 3 
» 7 
8 7 
7 10 
A 8 
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New York 
Utah 


MONDAY'S RESULTS 


.033 — 

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NATIONAL CONFERENCE 


Catoorv 


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26 25 22 SO— MO 


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Central 
W L..-T 
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Green boy 7 5 O 

Minnesota * J J 

Tampa Bay J . » f • 


PH PPPA 
JS0 225 152 
457 257184 
jOJ 192215 


San Jose 


350 188 273 Grigory 


-583 201 144 
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583 22218 
560 192 217 
250 178297 


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BAST 

Manhattan TO, RWw M 

Rhode Istand 91. SL * 

Robert Morris 44, American IL ai 

Slwa 78. Martri « 

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Turin* 51 Mercer B 
VWWMfl Tec* a VMI » 

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Loalo Ti, 40 

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Dallas 23. Phl kriririda rt • 

■ . sriorday, Dec. Tl 

Nmr York Jets at WnttaM 
San Francisco at AttanU 

SenOay, Dec. U 
Sofia ki at PWtodetohto * 

Odcoao at Tamna Bay - 
Ondnnafl etf N8*r Enatand . 
aeeriond ri Houston - 
IndkriDPrib at New York Gtorts 
t m Anaries Roms of Ns«t (riltans. 
pjftpe at Minnesota 
Kansas Ptv of Denver 
Detroit at Ptwienlx 
Saattie at Ud Marias RaUsra 
Green Bay of San PK w> _ 

• Me wrif . PtC’ P. 
Ptttstwrrii al Mtaml "• 


17 7 4 38 187 

14 ra • 28 87 

11 13 5 27 72 85 

10 14 2 22 99 111 

Anaheim 9 17 2 20 75 92 

Edmonton 5 28 3 13 75 NS 

MONDAYS RESULTS 

1 2 S-A 

8 10-4 

C-RoOerts 9 (Madnnis. W- 
rtJj.-<oeJ4econdPertotf:0-DeWe»(Rutoc- 
kaShow): ipp). C-Fkury 13 (Keszmer, Mo- 
df»W; lenJ.C-iCisloS (Stem. Kruse); TUrd 
PMridrC-RehertsW«riktMn;C-RriMri»n 
(PwttL ReteheO; G-Fleury 14 (Weawendyfc, 
Roberts) ; Shots an oori: C ten tMUtaaton) 14- 
12-10—34. O (on vwnon) 0*5-17. 

Z 8 1 8-0 

8 3 0 1-4 

Flrri Parted: v-AdorasiO (Sura, Lumrno); 
(sh>V-Undon 1A (CourtnoU) : Sacoad Porlod: 
M-POtrav 2 fScftnelder. LeCWrt; M- 
SchnoMer S (BoHons. Popovic); (OP). M- 
DomphowM 15 {Brilowi D I Pietro ); 
(op) .Third Period: V-Word 4 fBriwrtw Ren- 
Ida); ton). Dvertl m« : M-Dionoe 5 {MuUor, 
Keane]; Shots oe peri: V (an Roy) 9-9-10- 
5-30. M (an MvLatmi T3-1M-3-K 
WhMipes • 1 1-4 

Detroit 2 2 3-4 

Ffcri Period: D-Fodorov WJppI. WWP 
card U l CkxnretH Coffey); (sp)Jriaatf Pe- 
riod: OChhann 1 D-Koztov 11 (Fedorov. 
ClceoroHI);w-Nun»fdnen4(Z»ieiie«oy.Qoln- 
M)7 tPPJ.TWrt P e ri od : W-Qutntoi 2 (5e- 
tanne); D-Kteta, 12 (CritW); DCtaeonerif 
(Udstiwn. Fedorov); Shots en tool: W (m 
C hevridoe) 4-12-6—22. D (an EssnriO) TM9- 
io— n. 


The Associated Pros 

FREMANTLE, Australia — 
The yacht Intnim Justitia contin- 
ued late Tuesday to lead the Whit- 
bread ’Round the World Race as it 
beaded toward the end of the sec- 
ond kg of the competition. 

The Whitbread 60-dass entry, 
captained by Britain’s Lawrie 
Smith, reported its position as 449 
nautical miles from this prat on the 
west coast of Australia. 

It hdd a lead of 31 nautical miles 
over Tokio, the Japanese-New Zea- 
land entry skippered by Chris Dix- 
on. 

Smith reported that he was 
working hard in tight winds to 
mawunni his advantage over Tokio. 

Race organizers predicted that 
In trum Justitia would arrive in Fre- 
mantle either late Wednesday eg 
early Thursday, depending on 
weather conditions. 

The third-place Yamaha, skip- 
pered by New Zealander Rras 
Hdd, reported to race control in 
Fremantle that it was 561 nautical 
miles from the finish. 

New Zealand Endeavor, the 
maxi-class leader, was fourth over- 
all and 568 nautical miles from the 
finkh line. 

Merit Cup of Switzerland was 
second in the maxi class, 23 nauti- 
cal miles behind New Zealand En- 
deavor, with the French entry La 
Poste third in the class. 

The 7,558 nautical-mile second 
leg. the most dangerous of the 
race’s six stages, began Nov. 13 in 
Puma del Este, Uruguay. 


Oxford Beats Cambridge in Rugby 

TWICKENHAM, England (AP) — Canadian fly half Gary Rees 
VirJcwt three penalties and a drop goal T aesday and South African scrum 
half Fame da Toit scored a late, opportunist try as Oxford University 
regained the Bo wring Bowl by beanng Cambridge. 20-8, in rugby. 

The 1 12th animal Oxford -Cambridge university game was watched by 
a match-record crowd of 66,000. Oxford’s triumph cut Cambridge's lead 
down to 51-48, with 13 matches tied. 

The game developed into a kicking contest between Rees and iris fellow 
Canadian, Cambridge scram half Chris T ynan. But while Tynan missed 
all the penalty and conversion chances that came his way, Rees kepi 
Oxford ahead. 


Becker Drops Coach, 
But Can’t Shake Slump 


James and Hemy to Play in Japan 

TOKYO (AP) — Dion James, an outfielder far the New York Yankees, 
and Dwayne Henry, a pitcher for the Seattle Mariners, have signed one- 
year contracts to play in Japan next season fra the Qmnidri Dragons, the 
team announced Tuesday. 

The Dragons did not disclose salaries, but Kyodo News Service 
estimated that James wiD get 51.6 million and Henry 5450,000. 

James played in 1 15 games and batted .332 with seven home runs last 
season, while Henry had a 2-1 record. Both were free agents. 

• Infidders Tony Fernandez and Alfredo Griffin wiD not be offered 
salary arbitration, the Toronto Blue Jays said. (UPI) 


For the Record 


Michael Schumacher of Germany, the rising Formula One driver, 
signed a new three-year contract with the Benetton team. ( Reuters ) 

AC M3an Hew to Tokyo by chartered plane to play Sad Paulo of Brazil 
in the Intercontinental Cup final on Dec. 12. (AP) 


Quotable 


■ Sid Har tman of the Minneapolis Star Tribune, writing of Notre 
i ethical and dean in all phases of tire 


Dame's Lou Holtz: “He is as 

coaching business as any coach in the country.” 

• Letter writer Willard L. Thompson of Sl Paul: “This doesn't 
necessarily speak highly of tire other guys in tire business.’’ 


Compded by Ovr Staff From Dispatdta 

MUNICH — Boris Becker end- 
ed his leunis yea r Tuesday as he 

began iL amid controversy. 

A few hours after it was an- 
nounced that he had split with his 
latest coach, Eric Jden. the three- 
time Wimbledon champion disap- 
peared from the Grand Sam Cup 
with a 7-5 64 first-round loss to 
South African Wayne Ferrara. 

Becker, whose refusal to play for 
Germany in the Davis Cop led to a 
public row with compatriot Mi- 
chael Stkh at tire start of 1993, 
began a two-month break after a 
performance typical of the slump 
that has dropped out of the top 10 
fra the first time since he won 
Wimbledon as a teenager in 1985. 

Tuesday’s match had tire atmo- 
sphere of a farewell party from the 
start. Everybody who is anybody in 
Becker’s life was at tire courtside: 
His fiancee, Barbara Feltns, who is 
to give birth to their first child in 
January; many friends and several 
of his former coaches. 

But Ferreira, ranked 22d and un- 
seeded, gained a break in each set 
to win in 1 hour, 37 minutes. 

Becker’s ground strokes lacked 
consistency and confidence, his 
volleys woe erratic and his 13 aces 
were nearly erased by 10 double- 
fan] is. Two straight double-faults 


gave Ferreira a key break in tire 
lltii game, after Becker had wasted 
five break points in the sixtit game. 

Becker’s manager. Axel Meyer- 
Wodden, had earlier confirmed 
that the German was looking fra a 
new coach after his split with for- 
mer Davis Cup doubles partner Jo- 
len, who had been working with 
Becker for only six months. 

Becker has now had Jour coaches 
in the last three years — Tomas 
Smid, Niki Rhc, Gflnier Bresnik 
and Jden — after engaging just 
Gtmther Bosch and Bob Brett in 
tire first six years of his career. 

Becker prepared for the tourna- 
ment by training in Florida with 
Andre Agassi’s framer coach. Nick 
BoUeUieri. That led to rumors they 
could team up; Boflettieri said 
Tuesday there had been no discus- 
sions but he would be interested. 

The cup, which invites 16 players 
with tire best records from tire four 
Grand Slam events and pays the 
winner S 1.625 million, with Petr 
Korda beating Alexander Volkov, 
6-2, 6-3, then Stefan Edberg’s 6-3, 
6-2 victory over Todd Martin. 

The winners earned 5262^00 fra 
r eaching the quarterfinals, malting 
nearly $4,000 a mutate in matches 
that lasted just over an hour. The 
losers had to settle for $100,000. 

(Reuters. AP) 


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?age 24 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, DECEMBER 8, 1993 


OBSERVER 


Beyond Peopledom 


By Russell Baker 
rASHINGTON — Whenever 
I And myself growing grim 
^bout the mouth: whenever it is a 
camp, drizzly November in my 
soul; whenever 1 find myself invol- 
un tartly pausing before coffin 
warehouses, then I account it high 
: jue to consult People magazine as 
>oon as I can, for I recognize the 
->rnptoms all too clearly. Elitism 
.its cast its pall upon me. 

The mail confirms iL “Elitist!” 
j fowls the displeased reader, proud 
of being that celebrity-besotted 
L 'rporaie human. The Gammon 

- erson. which is composed of The 
Common Man and The Common 
Woman. People magazine is my 
cure for this elitist onset. 

Off I rush to the nearest doctor's, 
•.•r dentist’s, or optometrist's office. 

- ap past the receptionist without so 
nuch as a "Have a nice day!” while 
.•ching a People off the coffee ta- 

.. ; c. and flee. 

□ 

Why. you mav ask. don't I read 
-eopie at the ' grocery checkout 
ininier? Because that's where I read 
.•roe and Newsweek to keep up 
•••;h great trends of our age. thereby 
■ -.quiring my deplorable elitism. 

nere is something about checkout- 
. unier reading thill is conducive to 
ofound and high-toned thought. 
...•j that something is. 1 suspect. 

• ..her Time or Newsweek. 

People magazine, however. 
■' :ings me hack into contact with 
. *?ple. which is to say the great 
■jnerican celebrity consumer who 
-ows at a glance who Luke and 
■nnie are and who grazes happily 
year-old fodder about Diana. 
“Diana's Lonely Battle" is the 
cover stoty in ray filched People 
-lagazine. Everyone not blinded by 
r-ljlisni will instantly recognize that 
>!ie Diana doing lonely battle is not 
iana the Moon Goddess, nor 
. ,.dy Diana Duff Cooper who was 
c.-'dyn Waugh's pen paL nor the 
incomparable Diana Ross, supre- 
me; t of Supreme? . 

The only Diana for people who 
•d People is the one now separat- 

- from the Prince of Wales. If you 

to ask who Luke and Minnie 
.I.*, you must be as elitist as I am. 

ought to be ashamed of your- 
>df. and bad better filch a People 
rf.iit awav. 

□ 

?i is safe to assume: though, that 


Luke and Minnie are not really peo- 
ple. because People practically never 
deals with people unless they have 
been murdered by killers so cele- 
brated that they have risen above 
mere people status and become ce- 
lebrities. which is to say — People. 

My filched People contains snaps 
of two women who have taken that 
road to fame, but the big photo is of 
the man who is suspected of killing 
perhaps 17 women, including these 
two in the snapshots. 

Some celebrities who fill the 
pages of People might take offense 
at the suggestion that they are not 


really people. Many celebrities go 

'idddim ' *" 


on for years kidding themselves 
about being real people, though it 
should be obvious that if they were 
real people they couldn't possibly 
turn up in People magazine without 
getting murdered. 

Elmore Leonard. America's 
most readable writer, makes the 


point perfectly in his novel “Get 
Short v- when "be desci 


j describes a movie 

actor who wanted to be a regular 
auy, but had been a movie actor for 
so "long he'd forgotten how. 

The whole point of People maga- 
zine is to gratify people's desire to 
read about humans who have es- 
caped the shackles of peopledom 
and become celebrities, which is to 
53 V People with a capital P. 


So I am rifling desperately 
through People. Ji is amazing bow 
many new celebrities can spring up 
overnight. It's nice to see Billy 
Crystal survives: he was here last 
time I took the People cure. So were 
Yves Saint Laurent and Regis Phil- 
bin. good old Regis. 

But rapper Tupac Shakuf? Later 1 
must turn to Page 89 to see if that 
nnm>» is maybe one of those put-on 
jokes about Joe SL\pak. Now. 
though. I'm too busy meeting David 
Marks. Oksana BaiuL Kiki Ebsen. 
Bruce Campbell. Tom Dorrance. 
Penelope Ann Mfller. And what 
about eihnobotanisi Mark Plotfcm! 

Somebody, maybe Eric Sevareid. 
once defined a celebrity as a person 
who was famous for being famous. 
It must be worse than that, though. 
There's something cannibalistic in 
the public demand For People to 
feed on. Maybe a celebrity is also a 
person doomed to be eaten by peo- 
ple. 

VVh- York Tima Semtv 


A House Finland’s Opera Can Call Home 


By John Rockwell 

Sew York Tima Service 

H ELSINKJ — In recent years. Fin- 
land, with composers like Aulis Sal- 
linen. Joonas Kokkonen, Einojuhani Rau- 
tavaara and Erik Bergman, has produced 
more operas of international distinction 
than any other country. For a small nation 
on the northern fringes of Europe, that is a 
remarkable achievement. 

Almost as remarkable has been the fact 
that up to this past week, Finland has 
lacked a theater specifically designed for 
opera. The two most prominent operatic 
entities in the country played in makeshift 
spaces: the Furnish National Opera in the 
500-seat Alexander Theater, built in 1879 
for the amusement of the Russian garrison 
stationed in Helsinki, and the Savonlirma 
Opera Festival in the temporarily covered 
courtyard of the 500-year-old Otavinlinna 
Castle. _ 

Now. that lack has been grandly recti- 
fied. and in a way that does belated honor 
to the country’s modern-day tradition of 
operatic composition. Last week the gleam- 
ing new Finnish National Opera on ’ r “ 
lonlahti Bav in the center of this dt 


on Too- 

lonlahti Bay in the center of this dty was 
inaugurated with S allrn en's gripping opera 
•‘Kullervo." The title role was sung by 
Jorma Hynninen. a world-renowned bari- 
tone wbo is also the former artistic director 
of the Furnish National Opera and the 
current director of the Savonlinna Opera 
Festival. _ 

The opening was the beginning of a five- 
dav celebration of the new theater, which 
was in fact completed in the spring and 
has seen various concert, operas and bal- 
lets since May in productions adapted 
from the .Alexander Theater. These were 
designed to acclimate the company to its 
vastly expanded new home, nearly three 
times the size of the old theater although, 
at 1.385 seats, still only one-third the size 
of the Metropolitan Opera in New York. 

The week's festivities, which attracted 
dignitaries and critics from around the 
world also included the first new produc- 
tion for the new theater by the Furnish 
National Ballet, “Swan Lake”; the first 
new production of a standard-repertory 
opera. “Carmen"; a repeat of “KuIIervo”; 
and a concert on Saturday. 

"Now we Finns can show the world we 
con be successful in our an on our own 
turf," said Walton Gronroos, the compa- 
ny's director. “We don't need any more to 
go around the world." he added, referring 
to the company's frequent tours. “Now, 
the world will 'come to us.” 

The reaction in the Finnish press was 
rapturous, and there was good reason for 
rapture. The new building won an archi- 
tectural competition in 1977. But wbat one 
Furnish critic called “a lack of money and 



HdsnkTs new opera boose, with a seating capacity of 1,400. 


Agcflcc PnfiV'hcw 


political will" delayed the start of con- 
struction until 1986, with further delays 
caused by the recession and the bankrupt- 
cy of several subcontractors. The “Kul- 
lervo" premiere took place in Los Angeles 
in early 1992, after it had become dear 
that the Helsinki theater for which it was 
intended would not be ready. The total 
cost of the construction was SI 35 million. 

The design, by a three-man architectur- 
al team headed by Eero Hyvamaki, may 
lack the boldness of Alvar .Aalto's Finlan- 
dia Hall on the same shore; to some, the 
exterior looks like dated corporate mod- 
ernism. But its white walls and arched 
glass atriums blend weB with the light- 
colored exteriors of both Finlandia Hall 
and the National Theater on the other side 
of the bay. 


Inside, the theater is more striking still, 
much Nordic 


with the high-tech look of so much Nordic 
architecture softened by light may marble 
and polished parquet floors of red beech. 
The auditorium — there is also a flexible 
small half seating between 200 and 500 — 
may be intimate on American terms, with 
no seat farther than 100 feet (30.5 meters) 
from the stage. But backstage, everything 
is up-to-date, and company members have 
pronounced the acoustics first-rate. 

The stage size is up to international stan- 
dards, too, permitting the company to assay 
Wagner and other large-scale scores for the 


first time. Gronroos, who is still an ensem- 
ble member at the Deutsche Oper, of Ber- 
lin, win ring Wolfram when that company 
presents Wagner’s “Tarmbauser" here in 
April, and there will be a Famish produc- 
tion of “Lohengrin" in June. 

‘TCaDervo," which was warmly received 
at its Los Angeles premiere with the same 
production and mneb the same cast as last 
week in Helsinki, made a somber yet sym- 
bolically appropriate opening open. That 
was parity because tins tale of a cursed 
destroyer of all that he loves comes from the 
“KalevaJa,” the national epic of Finland. 

Sibelius wrote a “KuHovo" Symphony, 
but shied away from opera. Salfinen’s 
score continues a compositional line from 
Wagner through Sibelius to modernity; its 
debts are obvious but so is its originality. 
The composer uses speech and electronic 
effects and dissonance where expressively 
appropriate. Yet Us idiom has a gloomy 
Romantic breadth that appeals to interna- 
tional opera audiences. Certainty the per- 
formance, with not only Hynninen bat 
also a supporting cast headed by Jorma 
SOvasti, a strong young tenor, and the 
veteran conductor Ulf Soderbliun, did Sal- 
finen’s opera full justice. 

Given the overtly mythical nature of 
“Kulkrvo," there was some discussion the 
day after the performance ax a symporium 
on new F innish operas, as tojust whaithe 


Finnish opera “boom” represents and how 
internationally appealing it can be. WhQe 
the Finnish National Opera has per- 
formed several new operas widel y, ne w 
Finnish opera has hardly joined the main- 
stream repertory. . _ . . 

Partly, said Pekka Hake of the F amish 
Music Information Center, that is because 
*5t is hard in whistle Finnish national val- 
ues." Seppo Hefitinhamo, the chief muse 
critic for (he leading Helsinki newspaper. 
The Helsinki News, went so far as to sug- 
gest that the entire phenomenon had been 
artificially created by the Finnish govern- 
ment's sponsoring tours and subsidizing 
critics to come to Hdtinki. This accusation 
of impropriety was met with shocked har- 
rumphing, since most of the assembled crit- 
ics had indeed participated in. a government 
junket to attend the opening. 

On the other hand, such payments are 
accepted practice in Europe, and Finnish 
opera has a truly wide appeal, proven by 
its solid sales on compact disks, especially 
in the United States. One might even sug- 
gest Finnish co mp os er s have followed 
the same practice as Andrew Lloyd Web- 
ber, who has built anticipation for his 
musicals by first releasing recordings. 
“KoBervo" was available for months be- 
fore its Finnish premiere, and Bergman's 
Tree,’* not scheduled for its 
remiere until 1995, is already in the 
stores. 

For the future, Gronroos said the main 
immediate need is for the company to 
adjust technically and psychologically to 
its spacious new surroundings, and to 
to presenting 200 opera and 


performances in repertory over a 10- 
“The small house is still i 


m 


mouth season, 
the brains of our people,” he said. 

The "Swan Lake 19 production was a re- 
creation of Vladimir Bourmeistefs version 
of the Petipa-lvanov model by Josette 
Ami d of the Paris Opera Balia School 
The dancing was appealing bw provincial, 
despite the 22-yean-old Nma Nyvarisen’s 
convincing Odette/Odfle: 

Gronroos, who has been- accused of 
plotting too conservative a course, said he 
intended to sustain the company's com- 
mitment to Finnish operas, with a new 
production of Kokkonen's “Last Tempta- 
tions" in September, “The Singing Tree” 

the folkwing season and a world premiere 
in 1996-7. 

He conceded that the very grandeur of 
the company's new home might daunt 
composers comfortable in less imposing 
circumstances, but be remained * ^f*v'i«f>r 
that the theater would ultimately benefit 
Finnish opera. 

“I believe that our artistic level wfll be 
now,” be said. 1 hope everything 
be easier for us, and that the creative 
power win still be very strong.” 


PEOPLE 


EfkevSvZsaZsozJurr 
Fines Gabor ffiMHUm 


A jury has awarded actress E&e 
Stonier S2 million in compeasq- 
toiy damages in a libel suit against 
Zsa Zsa Gabor and her husband, 
who were accused of saying that 
Sommer was broke, balding and 
frequented sleazy bars. Sommer's 
attorney said his client dedmod to 
comment until the jury had fin- 
ished its work. The panel was 
scheduled to meet again to deride 
punitive damages. Sommer. 53. 
claimed she suffered sleepless 
.nights, headaches mid nausea after 
remarks reportedly made by Gabor 
and her husband, Frederick vou 
Anhalt, were, published in a Ger- 
man magazine in 1990. 

D 

Let it be, said President BfflCSa- 
t&n, and so Paul McGntoey has 
been invited to give a concert at the 
White Heme next year, according 
to bis publicist. No dare has beat 
set. 

~ . •' a 

. Competition from Rush: About 
200 w^wrishens came to help Rnsh 
LimbwjjtcdkibxatethepoblicatiaQ 
of his second book, “See, I Told 
Yon So," at a Los Angeles cocktail 
party, held the same night as Presi- 
des* Ifi9 CSmoa attended a fund- 
raiser at the home of Maria Davis. 

D 


Richard Gere says his supenno- 
dd wife Canty Crawford “has been 
very vocal about wanting a family." 
In the latest issue of Vanity Fair, 
the actor said: “I think if it was 
something 1 didn’t want to da, she 
would reluctantly withdraw from 
rim relationship. 

□ 

Michael Crichton says critics 
who accused him of Japan-bashing 
in ■‘Rifang Stm” left him so gun-shy ■ 
he got writer's block. He finally 
finished iris new book, about amah 
who is seauaSy harassed by Ids 
woman boss. “Disclosure" is due 
out hr January. M I coaklu’i proceed 
for several months," be said in a 
magazine interview. “1 thought 
there was a possibility of such a 
response to this book that 


jr, I wasn't sure fd be 
able to do a.” 


imERNAHOiVAL 

CLASSIFIED 

Appears an Pages 8& 17 


WEATHER 


CROSSWORD 


Europe 


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1 5701 

11-52 

c 

i«.ei 

12.53 



1S.M 

12*3 

:: 

r f 

11 52 

PC 

. 

4/30 

13* 

eh 

6 48 

2.35 

on 

: 

*» 

2'35 

1 

1 46 

■1 3V 

f 


II M 

6 13 

r 

7 '44 

1-34 

21 


4-30 

3*37 

»h 

7 14 

3.37 

c 


205 

2.35 


3.37 

0-32 

r 

dw sc 

18-54 

9-40 

• 

20/68 

12.53 

• 

. i/ ri 

IC-M 

4,39 

1 

6 43 

0-32 


jr*tran 

9-48 

J-30 

r 

7.44 

235 

on 

: :;rreic«» 

ID '50 

» 46 


14. S7 

7:44 



: it 

3 37 

w 

6 43 

1 34 

r 

. wvo 

438 

4 33 

1 

' 44 

235 

c 

*>ai+l 

-lOl 

-4-75 

** 

-2-2S> 

J.» 

no 


1356 

4/33 

K 

10 50 

4.39 


fauna* 

14-75 

14-57 

DC 

W.7S 

i:.«2 

c 


Z4.S7 

10 W * 

IS 50 

II M 

■ 

:««sm 

12.S3 

6-« 

r 

8,4«. 

ITS 

■n 

'jditd 

11/53 

7/44 

e: 

13-W 

f *3 


tfan 

«/4J 

S.«f 

■ft 

646 

J'J7 



■ 1/31 

-4 25 

c 

1.34 

-3-27 

•> 

-.tuntfi 

7.44 

3.37 

5h 

6.43 

•121 

c 


13 « 

It/52 

»h 

17/82 

0/48 

DC 

.•jiff 

M7 

•1/31 


1.34 

■4/J5 

* 

-irim* 

14-57 

12/53 


la/SI 

li'M 

PC 

- JT5 

13.53 

4.39 

«h 

0/40 

1/37 

c 


4.'» 

V34 

m 

JJ7 


r 


\n* 

■2.29 


1.34 

■229 

«n 

■'rm* 

13 » 

7,44 

PC 

14/57 

8 '48 

■A 

Sr. PalarTOunr 

■zm 

U/25 

■h 

■2.29 

■0/22 

c 

,-Wihcta 

3/37 

0/32 

mn 

1.34 

-1-31 

** 

CMkubouffl 

e/46 

3.37 

t 

8.43 

1/34 

e 

TaUnci 

-2.-2B 

-4« 

or 

■228 

-1/27 

■ft 


8/48 


•h 

ll.*52 

8/43 

p« 

\ torwia 

5/41 

a/35 

•h 

8/43 

1/34 

e: 

■Vam*r 

2/S5 

- 1/31 

on 

1/34 

•1/91 

an 

Lunch 

6/43 

2/35 

r 

*/30 

0/32 

c 

Oceania 

•luUdand 

20/88 

12/53 


21/70 

13/55 


5,0iwy 

»/7B 

15/S9 

0 

27/80 

• 8/66 



Forecast for Thursday through Saturday, as provided by Accu-Weather. Asia 



JatiNim 


North America 

A strong storm will pound the 
Wes*, Coast from Portland, 
0 >«.. northward through 
Vancouver. British Columbia, 
Idler Thursday Into Friday. 
Winds wIR gust above 120 
kph along the coast along 
•nth windswept rain. Much at 
the eastern United Slates 
will have tranquil weather 
this week. 


Europe 

Very stormy weather will 
move Into western and cen- 
tral Europe horn the Atlantic 
Ocean ttis week. The region 
leant Dublin to Paris ana 
Franklun will have heavy 
tans and strong winds g us- 
ing over tOCr kph a! umes. A 
lew spots In northwestern 
France may have gusts to 
120 kph Thursday. 


Asia 

The remnants ol Tropical 
Storm Lola may bnng heavy 
rams to southern Vieinam 
Thursday. Meanwhle, Tropi- 
cal Storm Manny rs expected 
to pass by to the northeast rf 
the Philippines Thursday Into 
Friday. Much ol China writ 
have dry weather with a 
Iresh coW air mass arriving 
m Beipng and Seoul Friday. 


Middle East 


Latin America 


Mvl 

Cairo 

Damascus 

Joua^m 


1 Oder 
Hflh Low 
err of 

10*4 14/57 
2Q«B 1 1/SC 
1«/S7 0/43 

14/97 BM 
25.77 6.43 

atm MUM 


Tomorrow 
W Hkyi Low V* 
OF OF 
p! was M/57 c 
pC 21170 12753 PS 
pe isrw 7«4 pc 

pc 16*1 Bus PC 
a 37 <90 B/4B B 
a atm IQ/M a 


Today Tonvntnv 

t* 0 > Low W H 0 < Low W 
OF OF OF OF 

BwanosVaa 34 /*J 10/04 , avoa 18/54 > 

Cancan «/M 24/75 c JQ/B& 24/75 oe 

Lhia 23/73 19/66 ■ 23/73 19/66 PC 

MadooG* 24/75 S/« pc 24.73 *40 pc 

nodsJWMMo 20/82 23/73 pc 28/82 23/73 pc 

Sun sago 26/7S 10/50 a 31/80 IB/BI pc 


Leased: « -Mm, penparty 
sn-anow.Hce, W-Waatier 


doudy. c-doudy. ih-showms. t-t*indsr»omro. warn, sl-www lunei. 

All maps, loracaets and data provided by Aecu-VfMther. Inc. 1 1983 


Asia 


Today 


Ton or, a* 


High 

Urn 

W 

Won 

Low W 


C/F 

OF 


OF 

OF 

B*ng 6 oh 

31/86 

19/66 


31<SB 

22.71 PC 


6-43 

?J3b 


3/37 

41/22 Ih 

Hong Kmg 

20/68 

IB/M 

c 

21/70 

18/64 c 

Mmla 

30.86 

?4/7S 

| 

30.86 

Itm pe 

.VwO*r 

33/91 

9/48 

a 

36197 

11,32 » 

Seoul 

6/43 

■VZ2, 


7(4* 

1/34 ih 


15/59 

4/39 

G 

13/55 

8/46 Ox 


26/82 

23.73 

c 

20.84 

34/73 th 

T«P« 

23/73 

15/59 

1 

23/73 

17/62 pe 

T<**o 

0/48 

0/32 

Bt* 

13/55 

307 • 

Africa 

A 19 M* 

17/62 

11*52 

• 

10/64 

1355 « 

GtpeTmn 

34.75 

13/36 

s 

22/71 

ia*j * 

CasaUonca 

31/70 

7/44 

9 

22/71 

11/52 4 

Hnra 

22/71 

6/43 

ft 

20/79 

8*46 * 

Ugoo 

31/88 

24/75 

pe 3S«e 

25.77 * 

Naiob 

22/71 

11/52 


25/77 

13/55 pe 

Turta 

19/84 

7/44 


19/66 

11/52 ■ 

North America 

Antfioraga 

■2/28 

-S/18 

c 

■ 8/22 

-11(13 e 

ADSTB 

14/57 

5/41 

s 

14/57 

3 37 a 

ion 

0/43 

-1/31 


4.30 

•3® IK 

Chicago 

5/41 

0/32 


6(43 

•2729 pe 

Dower 

1S/S9 

■1/31 


12/53 

-4/25 DC 

Oetrof 

4/30 

•1131 


6 r*J 

-2/23 pc 

Hon Chiu 

27«0 

IB /66 


25/82 

22/71 pe 

HoooWi 

10/06 

13/56 

■h 

22/71 

8 MB e 

Loeingota 

21.70 

tl/fflr 


20/01 

11(52 pc 

um 

26/78 

18/84 


27/00 

17/82 pc 

MnrwaeaOa 

2/35 

-5/24 


-1/31 

- 6.22 c 

»»or.lw</i 

■ 2/20 

•MW 

0 < 

1/34 

■ 12/11 pc 

haaoaj 

atuta 

10/68 

• 

28/82 

10/68 ■ 

NwYM 

8 M 6 

1/3* 


8/46 

1/34 pc 

Pncwax 

23/73 

8/*6 

a 

24/75 

11/52 1 

San From 

14fl7 

8/46 

1 

I4/5T 

11/52 * 


6/43 

4/39 


0/48 

7/44 m 

Tonnb 

3/37 

-1/31 

c 

3*37 

■ 6*22 a* 

Warring Rn 

10 /W 

1/3* 

IK 

10/50 

1 / 3 * pc 


ACROSS 

1 0utlet center? 
s Wheat— — 

(crackers] 
io Stick around 
14 The last Mrs. 
Chaplin 


20 Colonist's 
command 

23 "Piggies' 

24 Have a hunch 

25 Like crazy 

20 Waikiki dances 


IS Storyteller of 
I Greece 


okfl 
io Opening tor a 
sweat bead 
17 Ballerina's skirt 
io Strainer 
io Novelist 
Murdoch 


31 Dungeons & 
Dragons beast 


32 How, a.g. 

34 School grp. 


37 Judy Garland's 
command 


40 Embroider 


Solution to Ptnatie of Dec. 7 



41 Bowting fanes 
43 The hunted 

43 Feeds the flame 

44 Haute, bid. 

45 Thursday's 
eponym 

47 In a mo 
4* February 
command 
SS invitation word 
so Heretofore 
mentioned 
57 Congressman 
Gingrich 

5s — even keel 

00 Basic belief 

01 Ballooned 
62 Took Off 

a Shorthand, tor 
short 

*4 Fair to middlin' 


a Award-winning 
science show 
•Expedited 

10 Places forties 

11 "The Velvet 
Fog' 

12 'The Littie 
Mermaid' 


O New York Times Edited by Will Shortz. 

r 


13 Sandburg's 
“The People, 


DOWN 


1 Kitty 

2 Musical forte? 
a Golden rule 

word 

4 Knight's glove 

5 Discrimination 
o Win-reading 

attendees 

7'Um-hmm' 


21 1982 Pryor film, 
with The' 

23 Best — — 

25 May honorees 
as "Let Us Now 
Praise Famous 
Men* author 
27 Columnist 
Pearson 
as Sharpens 
as— — daisy 
JOOJC’s 

32 Athlete from 
Tres Ccracoes, 
Brazfl 

33 Brooklet 



34 Good engine 
sound 


Sf Level 

so’ sow...* 

JlTVhostPovich 


so Job vacancies 

43 India .- 

44 Candidate for 
day com 

45 Butcher's cut 
4oRambo,s.g.' 


47 Early evening 

4« a customer 

*0 Winery fixtures 
si DrfVBtheget- 
• away car, maybe 
sa Sole 


53 Claudius's 
adopted son 


54Sheepcote 

matriarchs 

so Intimidate 
sa Brace 


A WEEK 


i 


IN THE LIFE OF THE TRIB 


Monday 

MONDAY SPORTS 


Thursday 

HEALTH/SCIENCE 


Plus daily 


Tuesday 

STYLE 


Friday 

LEISURE 


POLITICS AND ECONOMICS 
BUSINESS AND FINANCE 


Wednesday 

STAGE 


Saturday-Sunday 

ART/ 


FOOD AND FASHION THE NEW YORK TIMES 

m CROSSWORD 

FILM AND THEATER m 

m § A LIVELY ARRAY OF COMICS 

OPINION AND COMMENTARY BOOKS AND TRAVEL 


ENTERTAINMENT THE MONEY REPORT THE ARTS AND SCIENCE 


BRIDGE AND CHESS 


PULITZER PRIZE WINNING 
FEATURE COLUMNISTS 


Don't miss out. 

Make sure you get your copy of the IHT every day. 





4 




f Up Li I t’j* ! LSa?